Form 4 for AVY Avery Dennison
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001127602-24-008465 · 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 | Melo Francisco | Pres, Solutions Group | M - OptEx | $216.45 | +3,429 | 18.1K | +23% | +$742.2K |
| DM | 2024-03-05 | 2024-03-01 | AVY | Melo Francisco | Pres, Solutions Group | F - Tax | $216.45 | -1,354 | 18.2K | -7% | -$293.1K |
| DM | 2024-03-05 | 2024-03-01 | AVY | Melo Francisco | Pres, Solutions Group | A - Grant | $0.00 | +3,974 | 2,178 | New | $0 |
| DM | 2024-03-05 | 2024-03-01 | AVY | Melo Francisco | Pres, Solutions Group | M - OptEx | $0.00 | -3,429 | 266 | -93% | $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 | 600 | $216.45 | 17,505 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-01 | F | D | 22 | $216.45 | 17,483 | D | — | — | |
| 3 | Common | Common Stock | 2024-03-01 | M | A | 372 | $216.45 | 17,855 | D | — | — | |
| 4 | Common | Common Stock | 2024-03-01 | F | D | 175 | $216.45 | 17,680 | D | — | — | |
| 5 | Common | Common Stock | 2024-03-01 | F | D | 695 | $216.45 | 18,980 | D | — | — | |
| 6 | Common | Common Stock | 2024-03-01 | F | D | 191 | $216.45 | 17,894 | D | — | — | |
| 7 | Common | Common Stock | 2024-03-01 | M | A | 575 | $216.45 | 18,469 | D | — | — | |
| 8 | Common | Common Stock | 2024-03-01 | F | D | 271 | $216.45 | 18,198 | D | — | — | |
| 9 | Common | Common Stock | 2024-03-01 | M | A | 1,477 | $216.45 | 19,675 | D | — | — | |
| 10 | Common | Common Stock | 2024-03-01 | M | A | 405 | $216.45 | 18,085 | D | — | — | |
| 11 | Derivative | 2024 MSU Award | 2024-03-01 | A | A | 1,796 | $0.00 | 1,796 | D | $0.00 · 2025-03-01 to 2028-03-01 | 1,796 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 | 2,178 | $0.00 | 2,178 | D | $0.00 · 2027-03-01 to 2027-03-01 | 2,178 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 | 600 | $0.00 | 0 | D | $0.00 · 2021-02-27 to 2024-03-01 | 600 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 | 1,477 | $0.00 | 0 | D | $0.00 · 2024-03-01 to 2024-03-01 | 1,477 Common Stock | (F7) Shares reflect the vesting of PUs granted in March 2021 at 123% of target, based 75% on the cumulative economic value added of RBIS (now Solutions Group) and 25% on our relative total stockholder return. |
| 15 | Derivative | 2022 MSU Award | 2024-03-01 | M | D | 405 | $0.00 | 832 | D | $0.00 · 2023-03-01 to 2026-03-01 | 405 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 | 575 | $0.00 | 1,733 | D | $0.00 · 2024-03-01 to 2027-03-01 | 575 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 | 372 | $0.00 | 266 | D | $0.00 · 2022-03-01 to 2025-03-01 | 372 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. |