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FULLER H B CO Director's Dealing 2020

Jul 2, 2020

31338_dirs_2020-07-01_0ba7957c-5267-4bb3-a70a-1beaf8b6e57c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FULLER H B CO (FUL)
CIK: 0000039368
Period of Report: 2020-06-26

Reporting Person: Owens James (President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-06-26 Common Stock S 5000.0000 $42.5364 Disposed 256811.7760 Direct
2020-06-29 Common Stock S 2500.0000 $44.3615 Disposed 221728.7760 Direct
2020-06-29 Common Stock S 2500.0000 $44.1975 Disposed 219228.7760 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 357.5700 Indirect
Common Stock 280.0000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (Right-to-Buy) $28.4000 2022-01-26 Common Stock (77881.0000) 77881.0000 Direct
Employee Stock Option (Right-to-Buy) $33.3800 2026-01-19 Common Stock (182039.0000) 182039.0000 Direct
Employee Stock Option (Right-to-Buy) $39.6400 2023-01-24 Common Stock (80697.0000) 80697.0000 Direct
Employee Stock Option (Right-to-Buy) $41.0000 2025-01-22 Common Stock (112727.0000) 112727.0000 Direct
Employee Stock Option (Right-to-Buy) $45.0400 2029-01-24 Common Stock (226403.0000) 226403.0000 Direct
Employee Stock Option (Right-to-Buy) $48.3500 2030-01-24 Common Stock (238872.0000) 238872.0000 Direct
Employee Stock Option (Right-to-Buy) $48.9200 2024-01-23 Common Stock (79061.0000) 79061.0000 Direct
Employee Stock Option (Right-to-Buy) $50.1000 2027-01-26 Common Stock (151826.0000) 151826.0000 Direct
Employee Stock Option (Right-to-Buy) $53.5700 2028-01-25 Common Stock (146887.0000) 146887.0000 Direct
Performance Stock Option (Right-to-Buy) $57.7000 2027-10-20 Common Stock (289684.0000) 289684.0000 Direct
Performance Stock Units $0.0000 2022-01-24 Common Stock (16618.0700) 16618.0700 Direct
Performance Stock Units $0.0000 2021-01-25 Common Stock (5434.3900) 5434.3900 Direct
Performance Stock Units (CEO) $0.0000 2022-01-24 Common Stock (16619.0800) 16619.0800 Direct
Performance Stock Units (CEO) $0.0000 2021-01-25 Common Stock (5438.4000) 5438.4000 Direct

Footnotes

F1: The price reported is the weighted average sale price for the transaction reported. The prices received ranged from $42.5301 to $42.537. The reporting person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range.

F2: The price reported is the weighted average sale price for the transaction reported. The prices received ranged from $44.34 to $44.371. The reporting person will provide to the issuer, a security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each price within the range.

F3: The amount of securities beneficially owned following the sale of these shares should be reported as 203,480.776 shares. Due to the filing of two Form 4s for transactions on June 26, 2020 and June 29, 2020 (one related to stock option exercises and one related to sales of Common Stock), our reporting software is reporting an inaccurate final balance of Common Stock in this column. The accurate final balance of 203,480.776 shares will be updated on the next Form 4 filed by the Reporting Person.

F4: This amount includes shares and dividends acquired pursuant to the H.B.Fuller Company 401(k) & Retirement Plan.

F5: Held jointly by spouse and son.

F6: This option is 100% vested.

F7: This option vests in three equal annual installments beginning on the date shown.

F8: 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.

F9: These performance stock units convert into shares of common stock on a 1-for-1 basis.

F10: 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.

F11: Amount includes performance stock units acquired pursuant to a dividend equivalent reinvestment feature.

F12: These performance stock units vest in three equal annual installments beginning on the date shown, subject to one or more performance measures being achieved.