FULLER H B CO — Director's Dealing 2021

Apr 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FULLER H B CO (FUL)
CIK: 0000039368
Period of Report: 2021-03-29

Reporting Person: Owens James (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-29	Common Stock	M	19471.0000	$28.4000	Acquired	243173.7760	Direct
2021-03-29	Common Stock	S	1570.0000	$64.2734	Disposed	241603.7760	Direct
2021-03-29	Common Stock	S	17901.0000	$63.3965	Disposed	223702.7760	Direct
2021-03-30	Common Stock	M	19470.0000	$28.4000	Acquired	243172.7760	Direct
2021-03-30	Common Stock	S	6413.0000	$63.6094	Disposed	236759.7760	Direct
2021-03-30	Common Stock	S	13057.0000	$64.0090	Disposed	223702.7760	Direct
2021-03-31	Common Stock	S	2000.0000	$62.9300	Disposed	221702.7760	Direct
2021-03-31	Common Stock	S	3000.0000	$64.2000	Disposed	218702.7760	Direct
2021-03-31	Common Stock	S	5000.0000	$62.9800	Disposed	213702.7760	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-29	Employee Stock Option (Right-to-Buy)	$28.4000	M	19471.0000	Disposed	2022-01-26	Common Stock (19471.0000)	Direct
2021-03-30	Employee Stock Option (Right-to-Buy)	$28.4000	M	19470.0000	Disposed	2022-01-26	Common Stock (19470.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	361.0800	Indirect
Common Stock	280.0000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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)	$51.8900	2031-01-27	Common Stock (187889.0000)	187889.0000	Direct
Employee Stock Option (Right-to-Buy)	$53.5700	2028-01-25	Common Stock (146887.0000)	146887.0000	Direct
Performance Stock Units	$0.0000	2022-01-24	Common Stock (8391.5500)	8391.5500	Direct
Performance Stock Units (CEO)	$0.0000	2022-01-24	Common Stock (8516.5800)	8516.5800	Direct
Performance Stock Units (CEO)	$0.0000	2023-01-24	Common Stock (16689.0400)	16689.0400	Direct
Restricted Stock Units	$0.0000	2024-01-27	Common Stock (23934.4600)	23934.4600	Direct
Restricted Stock Units	$0.0000	2024-01-27	Common Stock (28202.8500)	28202.8500	Direct

Footnotes

F1: The price reported is the weighted average sale price for the transaction reported. The prices received ranged from $64.10 to $64.555. 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 $63.04 to $64.00. 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 price reported is the weighted average sale price for the transaction reported. The prices received ranged from $62.845 to $63.84. 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.

F4: The price reported is the weighted average sale price for the transaction reported. The prices received ranged from $63.845 to $64.285. 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.

F5: This amount includes shares and dividends acquired pursuant to the H.B.Fuller Company 401(k) & Retirement Plan.

F6: Held jointly by spouse and son.

F7: This option is 100% vested.

F8: This option vests in three equal annual installments beginning on the date shown.

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

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

F14: These performance stock units vest in three equal annual installments beginning on the date shown only if one or more of the performance measures in the CEO's short-term incentive program measures are met at the threshold level for fiscal 2020 as determined by the Compensation Committee.

F15: These restricted stock units convert into shares of common stock on a 1-for-1 basis.

F16: These restricted stock units vest in three equal annual installments beginning on the date shown.