X0306 4 2015-02-26 0000008818 Avery Dennison Corp AVY 0001307888 Hill Anne 207 GOODE AVENUE GLENDALE CA 91203 1 Sr. VP & Chief HR Officer Common Stock 2015-02-26 4 M 0 3544 54.26 A 22522 D Common Stock 2015-02-26 4 F 0 1340 54.26 D 21182 D Common Stock 2015-02-26 4 M 0 2824 54.26 A 24006 D Common Stock 2015-02-26 4 F 0 1062 54.26 D 22944 D Common Stock 2015-02-26 4 M 0 13117 54.26 A 36061 D Common Stock 2015-02-26 4 F 0 6845 54.26 D 29216 D Common Stock (savings Plan) 2589.5969 I Savings Plan 2013 Msu Award 0 2015-02-26 4 M 0 3544 0 D 2014-02-27 2017-03-01 Common Stock 3544 3009 D 2014 Msu Award 0 2015-02-26 4 M 0 2824 0 D 2015-02-26 2018-02-27 Common Stock 2824 7363 D 2012 Pu Award 0 2015-02-26 4 M 0 13117 0 D 2015-02-26 2015-02-26 Common Stock 13117 0 D 2015 PU Award 0 2015-02-26 4 A 0 10954 0 A 2018-02-26 2018-02-26 Common Stock 10954 10954 D 2015 MSU Award 0 2015-02-26 4 A 0 11795 0 A 2016-02-26 2019-02-26 Common Stock 11795 11795 D Shares reflect the vesting of the second tranche of market leveraged stock units granted in February 2013 at 154% of target based on our absolute total shareholder return during 2013-2014, plus dividend equivalents accrued during the period. Shares reflect the vesting of the first tranche of market leveraged stock units granted in February 2014 at 108% of target based on our absolute total shareholder return during 2014, plus dividend equivalents accrued during the period. Shares reflect the vesting of performance units granted in February 2012 at 107% of target based on our relative total shareholder return during 2012-2014. Performance units vest, if at all, at the end of fiscal year 2017, provided certain Company performance objectives are met as determined in February 2018. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock. Market leveraged stock units vest 25% over one-, two-, three- and four-year performance periods using a conversion formula under which the number of shares earned is adjusted at each vesting date based on the percentage change in the Company's stock price plus dividend equivalents accrued during the vesting period. Each marked leveraged stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock, plus dividend equivalents. /s/ Erica Perry POA for Anne Hill 2015-03-02