Form 4 for AVY Avery Dennison
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001127602-24-008464 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-05 | 2024-03-01 | AVY | Lovins Gregory | SVP, CFO | M - OptEx | $216.45 | +13.9K | 73.6K | +23% | +$3.01M |
| DM | 2024-03-05 | 2024-03-01 | AVY | Lovins Gregory | SVP, CFO | F - Tax | $216.45 | -5,634 | 64.2K | -8% | -$1.22M |
| DM | 2024-03-05 | 2024-03-01 | AVY | Lovins Gregory | SVP, CFO | A - Grant | $0.00 | +7,728 | 4,119 | New | $0 |
| DM | 2024-03-05 | 2024-03-01 | AVY | Lovins Gregory | SVP, CFO | M - OptEx | $0.00 | -13.9K | 894 | -94% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-03-01 | M | A | 1,418 | $216.45 | 66,455 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-01 | F | D | 599 | $216.45 | 65,856 | D | — | — | |
| 3 | Common | Common Stock | 2024-03-01 | M | A | 1,133 | $216.45 | 66,989 | D | — | — | |
| 4 | Common | Common Stock | 2024-03-01 | F | D | 514 | $216.45 | 66,475 | D | — | — | |
| 5 | Common | Common Stock | 2024-03-01 | F | D | 381 | $216.45 | 65,037 | D | — | — | |
| 6 | Common | Common Stock | 2024-03-01 | F | D | 3,219 | $216.45 | 70,351 | D | — | — | |
| 7 | Common | Common Stock | 2024-03-01 | M | A | 3,014 | $216.45 | 65,085 | D | — | — | |
| 8 | Common | Common Stock | 2024-03-01 | F | D | 921 | $216.45 | 64,164 | D | — | — | |
| 9 | Common | Common Stock | 2024-03-01 | M | A | 1,254 | $216.45 | 65,418 | D | — | — | |
| 10 | Common | Common Stock | 2024-03-01 | M | A | 7,095 | $216.45 | 73,570 | D | — | — | |
| 11 | Derivative | 2024 MSU Award | 2024-03-01 | A | A | 3,609 | $0.00 | 3,609 | D | $0.00 · 2025-03-01 to 2028-03-01 | 3,609 Common Stock | (F1) Market-leveraged stock units (MSUs) 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. Each MSU represents a contingent right to receive one share of common stock, plus dividend equivalents accrued during the vesting period. |
| 12 | Derivative | 2024 PU Award | 2024-03-01 | A | A | 4,119 | $0.00 | 4,119 | D | $0.00 · 2027-03-01 to 2027-03-01 | 4,119 Common Stock | (F2) Performance units (PUs) vest, at the end of fiscal year 2026, provided certain performance objectives are met as determined by the Compensation Committee in February 2027. Each PU represents a contingent right to receive one share of common stock. |
| 13 | Derivative | 2020 MSU Award | 2024-03-01 | M | D | 3,014 | $0.00 | 0 | D | $0.00 · 2021-02-27 to 2024-03-01 | 3,014 Common Stock | (F3) Shares reflect the vesting of the fourth tranche of MSUs granted in February 2020 at 180% of target based on our absolute total stockholder return in excess of 10% during the 2020-2023 performance period, plus dividend equivalents accrued during the period. |
| 14 | Derivative | 2021 PU Award | 2024-03-01 | M | D | 7,095 | $0.00 | 0 | D | $0.00 · 2024-03-01 to 2024-03-01 | 7,095 Common Stock | (F7) Shares reflect the vesting of PUs granted in March 2021 at 183% of target, based 50% on our cumulative economic value added and 50% on our relative total stockholder return. |
| 15 | Derivative | 2022 MSU Award | 2024-03-01 | M | D | 1,418 | $0.00 | 2,915 | D | $0.00 · 2023-03-01 to 2026-03-01 | 1,418 Common Stock | (F5) Shares reflect the vesting of the second tranche of MSUs granted in March 2022 at 94% of target based on our absolute total stockholder return during the 2022-2023 performance period, plus dividend equivalents accrued during the period. |
| 16 | Derivative | 2023 MSU Award | 2024-03-01 | M | D | 1,133 | $0.00 | 3,409 | D | $0.00 · 2024-03-01 to 2027-03-01 | 1,133 Common Stock | (F6) Shares reflect the vesting of the first tranche of MSUs granted in March 2023 at 98% of target based on our absolute total stockholder return during the 2023 performance period, plus dividend equivalents accrued during the period. |
| 17 | Derivative | 2021 MSU Award | 2024-03-01 | M | D | 1,254 | $0.00 | 894 | D | $0.00 · 2022-03-01 to 2025-03-01 | 1,254 Common Stock | (F4) Shares reflect the vesting of the third tranche of MSUs granted in March 2021 at 134% of target based on our absolute total stockholder return in excess of 10% during the 2021-2023 performance period, plus dividend equivalents accrued during the period. |