avy-20230427
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
April 27, 2023
Date of Report (Date of earliest event reported)
AVERY DENNISON CORPORATION
 
(Exact name of registrant as specified in its charter)
 
Delaware
 
 
1-7685
 
 
95-1492269
 
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
8080 Norton Parkway            
Mentor, Ohio
44060
(Address of principal executive offices)
 
(Zip Code)
Registrant’s telephone number, including area code (440) 534-6000

(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common stock, $1 par value AVY New York Stock Exchange
1.25% Senior Notes due 2025 AVY25 Nasdaq Stock Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Section 5 — Corporate Governance and Management
Item 5.07 Submission of Matters to a Vote of Security Holders.
(a) & (b) Avery Dennison Corporation (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”) on April 27, 2023 in a virtual-only format. A total of 73,529,338 shares of the Company’s common stock, representing approximately 91% of the 81,108,975 shares outstanding and eligible to vote as of the February 27, 2023 record date for the meeting set by the Board, were represented in person or by proxy at the Annual Meeting, constituting a quorum. At the Annual Meeting, the Company’s stockholders (i) elected Bradley Alford, Anthony Anderson, Mitchell Butier, Ken Hicks, Andres Lopez, Francesca Reverberi, Patrick Siewert, Julia Stewart, Martha Sullivan and William Wagner to the Board for a one-year term expiring at the 2024 Annual Meeting of Stockholders; (ii) approved, on an advisory basis, the Company’s executive compensation; (iii) approved, on an advisory basis, every one year as the frequency with which the Company’s stockholders should hold advisory votes to approve executive compensation; and (iv) ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2023.
The final results of the voting for the ten director nominees named in the Company’s proxy statement filed with the Securities and Exchange Commission on March 9, 2023 (the “2023 Proxy Statement”) were as follows:
 
Director NomineeFor  Against  Abstain  
Broker
Non-Votes
Bradley Alford66,157,8553,357,322144,2103,869,951
Anthony Anderson67,461,7642,059,628137,9953,869,951
Mitchell Butier65,348,6794,153,346157,3623,869,951
Ken Hicks67,062,6942,455,708140,9853,869,951
Andres Lopez69,028,250491,445139,6923,869,951
Francesca Reverberi69,372,134153,885133,3683,869,951
Patrick Siewert63,847,2814,941,831870,2753,869,951
Julia Stewart64,144,3974,647,882867,1083,869,951
Martha Sullivan68,229,9891,292,787136,6113,869,951
William Wagner69,371,002148,586139,7993,869,951

The final results of the voting for proposals 2 and 4 described in the 2023 Proxy Statement were as follows:
Proposal  ForAgainstAbstain
Broker
Non-Votes
Approval, on an advisory basis, of the Company’s executive compensation  64,324,8394,972,134362,4143,869,951
Ratification of appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for fiscal year 2023  69,678,4093,072,583778,346

The final results of the voting for proposal 3 described in the 2023 Proxy Statement were as follows:
Proposal  One YearTwo YearsThree YearsAbstain
Broker
Non-Votes
Approval, on an advisory basis, of the frequency of advisory votes to approve the Company’s executive compensation  68,468,972 75,387 1,033,688 81,340 3,869,951 




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 AVERY DENNISON CORPORATION
Date: April 28, 2023By: /s/ Ignacio J. Walker
 
Name: Ignacio J. Walker
Title:   Vice President and Chief Legal Officer