0001127602-22-008149.txt : 20220303 0001127602-22-008149.hdr.sgml : 20220303 20220303201819 ACCESSION NUMBER: 0001127602-22-008149 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220301 FILED AS OF DATE: 20220303 DATE AS OF CHANGE: 20220303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: STANDER DEON CENTRAL INDEX KEY: 0001681362 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07685 FILM NUMBER: 22711636 MAIL ADDRESS: STREET 1: 207 GOODE AVE CITY: GLENDALE STATE: CA ZIP: 91203 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: 0102 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 2022-03-01 0000008818 Avery Dennison Corp AVY 0001681362 STANDER DEON 8080 NORTON PARKWAY MENTOR OH 44060 1 President & COO Common Stock 2022-03-01 4 M 0 2008 170.60 A 33181 D Common Stock 2022-03-01 4 F 0 600 170.60 D 32581 D Common Stock 2022-03-01 4 M 0 1879 170.60 A 34460 D Common Stock 2022-03-01 4 F 0 589 170.60 D 33871 D Common Stock 2022-03-01 4 M 0 1918 170.60 A 35789 D Common Stock 2022-03-01 4 F 0 851 170.60 D 34938 D Common Stock 2022-03-01 4 M 0 790 170.60 A 35728 D Common Stock 2022-03-01 4 F 0 351 170.60 D 35377 D Common Stock 2022-03-01 4 M 0 5055 170.60 A 40432 D Common Stock 2022-03-01 4 F 0 2253 170.60 D 38179 D 2018 MSU Award 0 2022-03-01 4 M 0 2008 0 D 2019-02-22 2022-03-01 Common Stock 2008 0 D 2019 MSU Award 0 2022-03-01 4 M 0 1879 0 D 2020-02-28 2023-03-01 Common Stock 1879 893 D 2020 MSU Award 0 2022-03-01 4 M 0 1918 0 D 2021-02-27 2024-03-01 Common Stock 1918 2032 D 2021 MSU Award 0 2022-03-01 4 M 0 790 0 D 2022-03-01 2025-03-01 Common Stock 790 1734 D 2019 PU Award 0 2022-03-01 4 M 0 5055 0 D 2022-02-28 2022-03-01 Common Stock 5055 0 D 2022 MSU Award 0 2022-03-01 4 A 0 7405 0 A 2023-03-01 2026-03-01 Common Stock 7405 7405 D 2022 PU Award 0 2022-03-01 4 A 0 5943 0 A 2025-03-01 2025-03-01 Common Stock 5943 5943 D 2022 Special RSU Award 0 2022-03-01 4 A 0 8793 0 A 2025-03-01 2025-03-01 Common Stock 8793 8793 D Shares reflect the vesting of the fourth tranche of market-leveraged stock units granted in February 2018 at 200% of target based on our absolute total stockholder return in excess of 10% during the 2018-2021 performance period, plus dividend equivalents accrued during the period. Shares reflect the vesting of the third tranche of market-leveraged stock units granted in February 2019 at 200% of target based on our absolute total stockholder return in excess of 10% during the 2019-2021 performance period, plus dividend equivalents accrued during the period. Shares reflect the vesting of the second tranche of market-leveraged stock units granted in February 2020 at 183% of target based on our absolute total stockholder return in excess of 10% during the 2020-2021 performance period, plus dividend equivalents accrued during the period. Shares reflect the vesting of the first tranche of market-leveraged stock units granted in February 2021 at 135% of target based on our absolute total stockholder return in excess of 10% during the 2021 performance period, plus dividend equivalents accrued during the period. Shares reflect the vesting of performance units granted in February 2019 at 115% of target, 75% based on RBIS's cumulative economic value added and 25% on our relative 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 our absolute total stockholder return, plus dividend equivalents accrued during the vesting period. Each market-leveraged stock unit represents a contingent right to receive one share of our common stock, plus dividend equivalents. Performance units vest, if at all, at the end of fiscal year 2024, provided the designated performance objectives are met as determined by the Compensation Committee in February 2025. Each performance unit represents a contingent right to receive one share of our common stock. Restricted stock units vest in full on the third anniversary of the grant date. Each restricted stock unit represents a contingent right to receive one share of our common stock. /s/ Vikas Arora POA for Deon Stander 2022-03-03