FULLER H B CO — Director's Dealing 2017

Oct 24, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FULLER H B CO (FUL)
CIK: 0000039368
Period of Report: 2017-10-20

Reporting Person: Rezai Ebrahim (VP, Chief Tech. & Innovation)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-10-20	Performance Stock Option (Right-to-Buy)	$57.7000	A	34403.0000	Acquired	2027-10-20	Common Stock (34403.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	215.0000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right-to-Buy)	$44.8200	2026-10-12	Common Stock (3781.0000)	3781.0000	Direct
Employee Stock Option (Right-to-Buy)	$50.1000	2027-01-26	Common Stock (13033.0000)	13033.0000	Direct
Performance Stock Units	$0.0000	2020-01-26	Common Stock (1409.1100)	1409.1100	Direct
Performance Stock Units	$0.0000	2019-10-12	Common Stock (293.0700)	293.0700	Direct
Restricted Stock Units	$0.0000	2020-01-26	Common Stock (1622.9500)	1622.9500	Direct
Restricted Stock Units	$0.0000	2019-10-12	Common Stock (295.0800)	295.0800	Direct

Footnotes

F1: Each performance-based non-qualified stock option represents a contingent right and option to purchase all or any part of an aggregate of 34,403 shares of Common Stock at the price of $57.70 per share. Prior to vesting, the number of options subject to the award will be adjusted based on the company's adjusted EBITDA performance for fiscal year 2020. The number of options may decrease to as low as 0% of the initial number of options depending on the level of adjusted EBITDA performance. The grant amount is shown at the superior level of performance.

F2: These performance-based non-qualified stock options vest on the date shown contingent upon H.B. Fuller achieving adjusted EBITDA at least at the threshold level of performance.

F3: This option vests in three equal annual installments beginning on the date shown.

F4: These performance stock units convert into shares of common stock on a 1-for-1 basis.

F5: These performance stock units vest in three annual installments beginning on the date shown upon H.B. Fuller achieving return on invested capital at least at the threshold level of performance in each year of the three years of vesting.

F6: Amount includes performance stock units acquired pursuant to a dividend equivalent reinvestment feature.

F7: These restricted stock units convert into shares of common stock on a 1-for-1 basis.

F8: These restricted stock units vest in three equal annual installments beginning on the date shown.

F9: Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.