FULLER H B CO — Director's Dealing 2020

Jan 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FULLER H B CO (FUL)
CIK: 0000039368
Period of Report: 2020-01-25

Reporting Person: JENSEN TRACI L (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-25	Common Stock	M	779.0000	$48.3500	Acquired	23692.0000	Direct
2020-01-25	Common Stock	M	602.0000	$48.3500	Acquired	24294.0000	Direct
2020-01-25	Common Stock	F	175.0000	$48.3500	Disposed	24119.0000	Direct
2020-01-25	Common Stock	F	224.0000	$48.3500	Disposed	23895.0000	Direct
2020-01-26	Common Stock	M	1502.0000	$48.3500	Acquired	25397.0000	Direct
2020-01-26	Common Stock	F	436.0000	$48.3500	Disposed	24961.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-25	Performance Stock Units	$0.0000	M	602.0000	Disposed	2021-01-25	Common Stock (602.0000)	Direct
2020-01-25	Restricted Stock Units	$0.0000	M	779.0000	Disposed	2021-01-25	Common Stock (779.0000)	Direct
2020-01-26	Restricted Stock Units	$0.0000	M	1502.0000	Disposed	2020-01-26	Common Stock (1502.0000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right-to-Buy)	$22.2700	2021-01-20	Common Stock (12658.0000)	12658.0000	Direct
Employee Stock Option (Right-to-Buy)	$33.3800	2026-01-19	Common Stock (29832.0000)	29832.0000	Direct
Employee Stock Option (Right-to-Buy)	$41.0000	2025-01-22	Common Stock (22789.0000)	22789.0000	Direct
Employee Stock Option (Right-to-Buy)	$45.0500	2029-01-24	Common Stock (27472.0000)	27472.0000	Direct
Employee Stock Option (Right-to-Buy)	$48.3500	2030-01-24	Common Stock (14492.0000)	14492.0000	Direct
Employee Stock Option (Right-to-Buy)	$48.9200	2024-01-23	Common Stock (16644.0000)	16644.0000	Direct
Employee Stock Option (Right-to-Buy)	$50.1000	2027-01-26	Common Stock (23696.0000)	23696.0000	Direct
Employee Stock Option (Right-to-Buy)	$53.5700	2028-01-25	Common Stock (21834.0000)	21834.0000	Direct
Performance Stock Option (Right-to-Buy)	$57.7000	2027-10-20	Common Stock (62552.0000)	62552.0000	Direct
Performance Stock Units	$0.0000	2022-01-24	Common Stock (2002.2900)	2002.2900	Direct
Restricted Stock Units	$0.0000	2022-01-24	Common Stock (2002.2900)	2002.2900	Direct
Restricted Stock Units	$0.0000	2023-01-24	Common Stock (1485.0000)	1485.0000	Direct

Footnotes

F1: Shares withheld for taxes due on 602 shares issued.

F2: Shares withheld for taxes due on 779 shares issued.

F3: Shares withheld for taxes due on 1,502 shares issued.

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 equal 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: This amount has been adjusted to reflect the decrease in number of performance stock units of the original grant based on performance criteria. 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.

F10: This option is 100% vested.

F11: This option vests in three equal annual installments beginning on the date shown.

F12: 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.

F13: Amount includes performance stock units acquired pursuant to a dividend equivalent reinvestment feature.