0001127602-22-008155.txt : 20220303 0001127602-22-008155.hdr.sgml : 20220303 20220303203134 ACCESSION NUMBER: 0001127602-22-008155 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: Baker-Nel Deena CENTRAL INDEX KEY: 0001823548 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07685 FILM NUMBER: 22711674 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 0001823548 Baker-Nel Deena 8080 NORTON PARKWAY MENTOR OH 44060 1 VP & Chief HR Officer Common Stock 2022-03-01 4 M 0 655 170.60 A 1805 D Common Stock 2022-03-01 4 F 0 360 170.60 D 1445 D Common Stock 2022-03-01 4 M 0 695 170.60 A 2140 D Common Stock 2022-03-01 4 F 0 345 170.60 D 1795 D Common Stock 2022-03-01 4 M 0 775 170.60 A 2570 D Common Stock 2022-03-01 4 F 0 385 170.60 D 2185 D Common Stock 2022-03-01 4 M 0 379 170.60 A 2564 D Common Stock 2022-03-01 4 F 0 132 170.60 D 2432 D Common Stock 2022-03-01 4 M 0 3340 170.60 A 5772 D Common Stock 2022-03-01 4 F 0 1657 170.60 D 4115 D Common Stock (Savings Plan) 1213.7471 I Savings Plan 2018 MSU Award 0 2022-03-01 4 M 0 655 0 D 2019-02-22 2022-03-01 Common Stock 655 0 D 2019 MSU Award 0 2022-03-01 4 M 0 695 0 D 2020-02-28 2023-03-01 Common Stock 695 331 D 2020 MSU Award 0 2022-03-01 4 M 0 775 0 D 2021-02-27 2024-03-01 Common Stock 775 821 D 2021 MSU Award 0 2022-03-01 4 M 0 379 0 D 2022-03-01 2025-03-01 Common Stock 379 834 D 2019 PU Award 0 2022-03-01 4 M 0 3340 0 D 2022-02-28 2022-03-01 Common Stock 3340 0 D 2022 MSU Award 0 2022-03-01 4 A 0 1760 0 A 2023-03-01 2026-03-01 Common Stock 1760 1760 D 2022 PU Award 0 2022-03-01 4 A 0 1413 0 A 2025-03-01 2025-03-01 Common Stock 1413 1413 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 188% of target, based 50% on our cumulative economic value added and 50% 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. /s/ Maribel Cabrera POA for Deena Baker-Nel 2022-03-03