FULLER H B CO — Director's Dealing 2006

Nov 29, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FULLER H B CO (FUL)
CIK: 0000039368
Period of Report: 2006-11-28

Reporting Person: STROUCKEN ALBERT P L (Chairman of Board, Pres, CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-28	Common Stock	M	2900	$14.195	Acquired	234732	Direct
2006-11-28	Common Stock	S	400	$25.94	Disposed	234332	Direct
2006-11-28	Common Stock	S	400	$25.95	Disposed	233932	Direct
2006-11-28	Common Stock	S	300	$25.96	Disposed	233632	Direct
2006-11-28	Common Stock	S	200	$25.98	Disposed	233432	Direct
2006-11-28	Common Stock	S	100	$25.99	Disposed	233332	Direct
2006-11-28	Common Stock	S	100	$26.02	Disposed	233232	Direct
2006-11-28	Common Stock	S	400	$26.04	Disposed	232832	Direct
2006-11-28	Common Stock	S	500	$26.05	Disposed	232332	Direct
2006-11-28	Common Stock	S	200	$26.06	Disposed	232132	Direct
2006-11-28	Common Stock	S	100	$26.09	Disposed	232032	Direct
2006-11-28	Common Stock	S	200	$26.10	Disposed	231832	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-28	Employee Stock Option (Right-to-Buy)	$14.195	M	2900	Disposed	2014-04-14	Common Stock (2900)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3713.91	Indirect
Common Stock	124672.39	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right-to-Buy)	$9.9375	2009-12-01	Common Stock (113368)	113368	Direct
Employee Stock Option (Right-to-Buy)	$9.3125	2010-12-07	Common Stock (207792)	207792	Direct
Employee Stock Option (Right-to-Buy)	$12.975	2012-01-17	Common Stock (143442)	143442	Direct
Phantom Stock	$0.0	1988-08-08	Common Stock (68300.42)	68300.42	Direct
Employee Stock Option (Right-to-Buy)	$13.95	2012-12-09	Common Stock (32772)	32772	Direct
Employee Stock Option (Right-to-Buy)	$13.945	2014-12-10	Common Stock (163098)	163098	Direct
Phantom Stock	$0.0	1988-08-08	Common Stock (6710.00)	6710.00	Direct
Employee Stock Option (Right-to-Buy)	$16.015	2015-12-01	Common Stock (149114)	149114	Direct

Footnotes

F1: 401(k) Plan: This amount includes shares and dividends acquired during the fiscal year pursuant to the H.B. Fuller Company Thrift Plan.

F2: 2000 Stock Incentive Plan: This option vests in four equal installments beginning on December 1, 2000.

F3: 2000 Stock Incentive Plan: This option vests in four equal installments beginning on December 7, 2001.

F4: 2000 Stock Incentive Plan: This option vests in four equal installments beginning on January 17, 2003.

F5: Deferred Compensation Plan: These units convert into shares of common stock on a 1-for-1 basis.

F6: Deferred Compensation Plan: Units convert into shares of common stock upon the earlier of certain termination events as specified in the Key Employee Deferred Compensation Plan or such earlier date as selected by the participant.

F7: 2000 Stock Incentive Plan: This option vests in four equal installments beginning on December 9, 2003.

F8: 2000 Stock Incentive Plan: These restricted shares were awarded pursuant to H.B. Fuller Company's 2000 Stock Incentive Plan. Amount includes 1790 restricted shares that will vest in four equal annual installments beginning on April 14, 2005, 6544 restricted shares that will vest in four equal annual installments beginning on April 15, 2005, 29822 restricted shares that will vest effective December 10, 2007 subject to attainment of earnings per share target, and 27040 restricted shares that will vest effective December 1, 2008 subject to attainment of earnings per share target. This total amount includes shares acquired pursuant to a dividend reinvestment feature of the Plan.

F9: 2000 Stock Incentive Plan: This option vests in four equal installments beginning on April 14, 2005.

F10: Key Employee Deferred Compensation Plan Dividend Reinvestment: This amount includes stock units acquired pursuant to a dividend equivalent feature of the Key Employees' Deferred Compensation Plan.

F11: 2000 Stock Incentive Plan: This option vests in four equal installments beginning on December 10, 2005

F12: Deferred Compensation Plan: These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis.

F13: Deferred Compensation Plan: These units (acquired after 12-31-04) convert into shares of common stock upon the earlier of certain termination events as specified in the Key Employee Deferred Compensation Plan or such earlier date as selected by the participant, subject to holding periods required by law.

F14: Key Employee Deferred Compensation Plan Dividend Reinvestment: This amount (acquired after 12-31-04) includes stock units acquired pursuant to a dividend equivalent feature of the Key Employees' Deferred Compensation Plan.

F15: 2000 Stock Incentive Plan: This option vests in four equal installments beginning on December 1, 2006.

F16: Pursuant to a Separation Agreement dated November 20, 2006 (the "Agreement") between H.B. Fuller Company and Albert P.L. Stroucken, all shares of restricted stock and stock options granted to Mr. Stroucken that by their terms remain unvested on December 1, 2006 shall become fully vested as of December 1, 2006. Also pursuant to the Agreement, the expiration date of all stock options granted to Mr. Stroucken that by their terms remain unvested on December 1, 2006 shall be extended from December 1, 2006 until the close of business on February 1, 2007.