0001127602-18-008332.txt : 20180226 0001127602-18-008332.hdr.sgml : 20180226 20180226141334 ACCESSION NUMBER: 0001127602-18-008332 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180222 FILED AS OF DATE: 20180226 DATE AS OF CHANGE: 20180226 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hill Anne CENTRAL INDEX KEY: 0001307888 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07685 FILM NUMBER: 18639952 MAIL ADDRESS: STREET 1: 4560 HORTON STREET, M/S R-422 CITY: EMERYVILLE STATE: CA ZIP: 94608 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Avery Dennison Corp CENTRAL INDEX KEY: 0000008818 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] IRS NUMBER: 951492269 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 207 GOODE AVENUE CITY: GLENDALE STATE: CA ZIP: 91203 BUSINESS PHONE: 626.304.2000 MAIL ADDRESS: STREET 1: 207 GOODE AVENUE CITY: GLENDALE STATE: CA ZIP: 91203 FORMER COMPANY: FORMER CONFORMED NAME: AVERY DENNISON CORPORATION DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AVERY INTERNATIONAL CORP DATE OF NAME CHANGE: 19901030 FORMER COMPANY: FORMER CONFORMED NAME: AVERY PRODUCTS CORP DATE OF NAME CHANGE: 19760518 4 1 form4.xml PRIMARY DOCUMENT X0306 4 2018-02-22 0000008818 Avery Dennison Corp AVY 0001307888 Hill Anne 207 GOODE AVENUE GLENDALE CA 91203 1 Sr. VP & Chief HR Officer Common Stock 2018-02-22 4 M 0 5583 117.84 A 41863 D Common Stock 2018-02-22 4 F 0 1940 117.84 D 39923 D Common Stock 2018-02-22 4 M 0 6291 117.84 A 46214 D Common Stock 2018-02-22 4 F 0 2697 117.84 D 43517 D Common Stock 2018-02-22 4 M 0 3221 117.84 A 46738 D Common Stock 2018-02-22 4 F 0 1597 117.84 D 45151 D Common Stock 2018-02-22 4 M 0 2434 117.84 A 47575 D Common Stock 2018-02-22 4 F 0 1207 117.84 D 46368 D Common Stock 2018-02-22 4 M 0 21908 117.84 A 68276 D Common Stock 2018-02-22 4 F 0 10862 117.84 D 57414 D Common Stock 2018-02-23 4 S 0 21134 118.07 D 36280 D Common Stock (Savings Plan) 2743.2752 I Savings Plan 2014 MSU Award 0 2018-02-22 4 M 0 5583 0 D 2015-02-26 2018-02-27 Common Stock 5583 0 D 2015 MSU Award 0 2018-02-22 4 M 0 6291 0 D 2016-02-26 2019-02-26 Common Stock 6291 2949 D 2016 MSU Award 0 2018-02-22 4 M 0 3221 0 D 2017-02-25 2020-02-25 Common Stock 3221 3095 D 2017 MSU Award 0 2018-02-22 4 M 0 2434 0 D 2018-02-23 2021-02-23 Common Stock 2434 3815 D 2015 PU Award 0 2018-02-22 4 M 0 21908 0 D 2018-02-26 2018-02-26 Common Stock 21908 0 D 2018 MSU Award 0 2018-02-22 4 A 0 4067 0 A 2019-02-22 2022-02-22 Common Stock 4067 4067 D 2018 PU Award 0 2018-02-22 4 A 0 4150 0 A 2021-02-22 2021-02-22 Common Stock 4150 4150 D This transaction was executed in multiple trades at prices ranging from $117.68 to $119.12. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. Shares reflect the vesting of the fourth tranche of market-leveraged stock units granted in February 2014 at 200% of target based on our absolute total stockholder return during 2014-2017, plus dividend equivalents accrued during the period. Shares reflect the vesting of the third tranche of market-leveraged stock units granted in February 2015 at 200% of target based on our absolute total stockholder return in excess of 10% during 2015-2017, plus dividend equivalents accrued during the period. Shares reflect the vesting of the second tranche of market-leveraged stock units granted in February 2016 at 200% of target based on our absolute total stockholder return in excess of 10% during 2016-2017, plus dividend equivalents accrued during the period. Shares reflect the vesting of the first tranche of market-leveraged stock units granted in February 2017 at 188% of target based on our absolute total stockholder return in excess of 10% during 2017, plus dividend equivalents accrued during the period. Shares reflect the vesting of performance units granted in February 2015 at 200% of target, 50% based on our cumulative economic value added and 50% on our relative total stockholder return. Market-leveraged stock units vest 25% over one-, two-, three- and four-year performance periods, with the number of shares paid on each vesting date based on the percentage change in the Company's stock price, plus dividend equivalents accrued during the vesting period. Each market-leveraged stock unit represents a contingent right to receive one share of Avery Dennison Corporation common stock, plus dividend equivalents. Performance units vest, if at all, at the end of fiscal year 2020, provided certain performance objectives are met as determined in February 2021. Each performance unit represents a contingent right to receive one share of Avery Dennison Corporation common stock. Erica Perry POA for Anne Hill 2018-02-26