FULLER H B CO — Director's Dealing 2021

Jan 26, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FULLER H B CO (FUL)
CIK: 0000039368
Period of Report: 2021-01-25

Reporting Person: Owens James (President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-25	Common Stock	M	5475.0000	$50.7500	Acquired	224136.7760	Direct
2021-01-25	Common Stock	M	3559.0000	$50.7500	Acquired	227695.7760	Direct
2021-01-25	Common Stock	F	1624.0000	$50.7500	Disposed	226071.7760	Direct
2021-01-25	Common Stock	F	2369.0000	$50.7500	Disposed	223702.7760	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-25	Performance Stock Units	$0.0000	M	3559.0000	Disposed	2021-01-25	Common Stock (3559.0000)	Direct
2021-01-25	Performance Stock Units (CEO)	$0.0000	M	5475.0000	Disposed	2021-01-25	Common Stock (5475.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	360.0400	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 (38941.0000)	38941.0000	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 Units	$0.0000	2022-01-24	Common Stock (8366.8300)	8366.8300	Direct
Performance Stock Units (CEO)	$0.0000	2022-01-24	Common Stock (8491.8600)	8491.8600	Direct
Performance Stock Units (CEO)	$0.0000	2023-01-24	Common Stock (16401.0000)	16401.0000	Direct

Footnotes

F1: Shares withheld for taxes due on 3,559 shares issued.

F2: Shares withheld for taxes due on 5,475 shares issued.

F3: This amount includes shares and dividends acquired pursuant to the H.B.Fuller Company 401(k) & Retirement Plan.

F4: Held jointly by spouse and son.

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

F6: 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.

F7: These performance stock units vest in three equal annual installments beginning on the date shown, subject to one or more performance measures being achieved.

F8: This option is 100% vested.

F9: This option vests in three equal annual installments beginning on the date shown.

F10: 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.

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 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.