Mitchell R. Butier - Mar 1, 2025 Form 4 Insider Report for Avery Dennison Corp (AVY)

Role
Executive Chairman, Director
Signature
/s/ Vikas Arora attorney-in-fact for Mitchell R Butier
Stock symbol
AVY
Transactions as of
Mar 1, 2025
Transactions value $
$3,935,181
Form type
4
Date filed
3/4/2025, 06:57 PM
Previous filing
Feb 7, 2025
Next filing
Mar 6, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVY Common Stock Options Exercise $1.03M +5.52K +1.82% $187.06 309K Mar 1, 2025 Direct
transaction AVY Common Stock Tax liability -$603K -3.23K -1.04% $187.06 306K Mar 1, 2025 Direct
transaction AVY Common Stock Options Exercise $1.12M +5.99K +1.96% $187.06 312K Mar 1, 2025 Direct
transaction AVY Common Stock Tax liability -$655K -3.5K -1.12% $187.06 308K Mar 1, 2025 Direct
transaction AVY Common Stock Options Exercise $1.01M +5.42K +1.76% $187.06 314K Mar 1, 2025 Direct
transaction AVY Common Stock Tax liability -$592K -3.17K -1.01% $187.06 310K Mar 1, 2025 Direct
transaction AVY Common Stock Options Exercise $1.98M +10.6K +3.42% $187.06 321K Mar 1, 2025 Direct
transaction AVY Common Stock Tax liability -$1.16M -6.2K -1.93% $187.06 315K Mar 1, 2025 Direct
transaction AVY Common Stock Options Exercise $4.32M +23.1K +7.34% $187.06 338K Mar 1, 2025 Direct
transaction AVY Common Stock Tax liability -$2.53M -13.5K -4% $187.06 324K Mar 1, 2025 Direct
holding AVY Common Stock (Savings Plan) 4.22K Mar 1, 2025 Savings Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVY 2021 MSU Award Options Exercise $0 -5.52K -100% $0.00 0 Mar 1, 2025 Common Stock 5.52K $0.00 Direct F1
transaction AVY 2022 MSU Award Options Exercise $0 -5.99K -49.19% $0.00 6.19K Mar 1, 2025 Common Stock 5.99K $0.00 Direct F2
transaction AVY 2023 MSU Award Options Exercise $0 -5.42K -33.18% $0.00 10.9K Mar 1, 2025 Common Stock 5.42K $0.00 Direct F3
transaction AVY 2022 PU Award Options Exercise $0 -10.6K -100% $0.00 0 Mar 1, 2025 Common Stock 10.6K $0.00 Direct F4
transaction AVY 2024 RSU Award Options Exercise $0 -23.1K -100% $0.00 0 Mar 1, 2025 Common Stock 23.1K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares reflect the vesting of the fourth tranche of MSUs granted in February 2021 at 128% of target based on our absolute total stockholder return in excess of 10% during the 2021-2024 performance period, plus dividend equivalents accrued during the period.
F2 Shares reflect the vesting of the third tranche of MSUs granted in March 2022 at 92% of target based on our absolute total stockholder return during the 2022-2024 performance period, plus dividend equivalents accrued during the period.
F3 Shares reflect the vesting of the second tranche of MSUs granted in March 2023 at 96% of target based on our absolute total stockholder return during the 2023-2024 performance period, plus dividend equivalents accrued during the period.
F4 Shares reflect the vesting of PUs granted in March 2022 at 50% of target, based 50% on our cumulative economic value added of 0% of target and 50% on our capped relative total stockholder return of 100% of target.
F5 Shares reflect the vesting of RSUs granted on March 1, 2024.