Form 4 for AVY Avery Dennison
Accepted 2024-03-05 00:00:00 ET · period of report 2024-03-01 · accession 0001127602-24-008700 · 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 | Butier Mitchell R | Executive COB, Dir | M - OptEx | $216.45 | +59.9K | 317.0K | +23% | +$12.96M |
| DM | 2024-03-05 | 2024-03-01 | AVY | Butier Mitchell R | Executive COB, Dir | F - Tax | $216.45 | -34.3K | 315.9K | -10% | -$7.43M |
| DM | 2024-03-05 | 2024-03-04+ | AVY | Butier Mitchell R | Executive COB, Dir | S - Sale+OE | $216.81 | -25.5K | 304.1K | -8% | -$5.54M |
| DM | 2024-03-05 | 2024-03-01 | AVY | Butier Mitchell R | Executive COB, Dir | M - OptEx | $0.00 | -59.9K | 0 | -100% | $0 |
| D | 2024-03-05 | 2024-03-01 | AVY | Butier Mitchell R | Executive COB, Dir | A - Grant | $0.00 | +23.1K | 23.1K | New | $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 | 5,440 | $216.45 | 319,024 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-01 | F | D | 3,454 | $216.45 | 313,584 | D | — | — | |
| 3 | Common | Common Stock | 2024-03-01 | M | A | 32,243 | $216.45 | 348,147 | D | — | — | |
| 4 | Common | Common Stock | 2024-03-01 | F | D | 18,492 | $216.45 | 329,655 | D | — | — | |
| 5 | Common | Common Stock | 2024-03-04 | S | D | 547 | $218.72 | 329,108 | D | — | — | (F1) Transaction executed in multiple trades at prices ranging from $218.500 - 219.040. The price reported 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. |
| 6 | Common | Common Stock | 2024-03-04 | S | D | 7,621 | $217.26 | 321,487 | D | — | — | (F2) Transaction executed in multiple trades at prices ranging from $217.000 - 217.860. The price reported 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. |
| 7 | Common | Common Stock | 2024-03-05 | S | D | 7,333 | $215.69 | 314,154 | D | — | — | (F3) Transaction executed in multiple trades at prices ranging from $215.500 - 216.445. The price reported 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. |
| 8 | Common | Common Stock | 2024-03-05 | S | D | 9,240 | $217.13 | 304,914 | D | — | — | (F4) Transaction executed in multiple trades at prices ranging from $216.530 - 217.500. The price reported 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. |
| 9 | Common | Common Stock | 2024-03-05 | S | D | 800 | $217.63 | 304,114 | D | — | — | (F5) Transaction executed in multiple trades at prices ranging from $217.555 - 217.670. The price reported 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. |
| 10 | Common | Common Stock | 2024-03-01 | M | A | 10,482 | $216.45 | 314,596 | D | — | — | |
| 11 | Common | Common Stock | 2024-03-01 | F | D | 6,011 | $216.45 | 308,585 | D | — | — | |
| 12 | Common | Common Stock | 2024-03-01 | M | A | 5,702 | $216.45 | 314,287 | D | — | — | |
| 13 | Common | Common Stock | 2024-03-01 | F | D | 3,271 | $216.45 | 311,016 | D | — | — | |
| 14 | Common | Common Stock | 2024-03-01 | M | A | 6,022 | $216.45 | 317,038 | D | — | — | |
| 15 | Common | Common Stock | 2024-03-01 | F | D | 3,120 | $216.45 | 315,904 | D | — | — | |
| 16 | Derivative | 2021 PU Award | 2024-03-01 | M | D | 32,243 | $0.00 | 0 | D | $0.00 · 2024-03-01 to 2024-03-01 | 32,243 Common Stock | (F10) 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. |
| 17 | Derivative | 2023 MSU Award | 2024-03-01 | M | D | 5,440 | $0.00 | 16,362 | D | $0.00 · 2024-03-01 to 2027-03-01 | 5,440 Common Stock | (F9) 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. |
| 18 | Derivative | 2022 MSU Award | 2024-03-01 | M | D | 6,022 | $0.00 | 12,377 | D | $0.00 · 2023-03-01 to 2026-03-01 | 6,022 Common Stock | (F8) 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. |
| 19 | Derivative | 2021 MSU Award | 2024-03-01 | M | D | 5,702 | $0.00 | 4,061 | D | $0.00 · 2022-03-01 to 2025-03-01 | 5,702 Common Stock | (F7) 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. |
| 20 | Derivative | 2024 RSU Award | 2024-03-01 | A | A | 23,101 | $0.00 | 23,101 | D | $0.00 · 2025-03-01 to 2025-03-01 | 23,101 Common Stock | (F11) Restricted stock units (RSUs) cliff vest on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of common stock. |
| 21 | Derivative | 2020 MSU Award | 2024-03-01 | M | D | 10,482 | $0.00 | 0 | D | $0.00 · 2021-02-27 to 2024-03-01 | 10,482 Common Stock | (F6) 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. |