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: Cai Zhiwei (Executive Vice President, EA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-25	Common Stock	M	610.0000	$50.7500	Acquired	26365.0000	Direct
2021-01-25	Common Stock	M	396.0000	$50.7500	Acquired	26761.0000	Direct
2021-01-25	Common Stock	F	138.0000	$50.7500	Disposed	26623.0000	Direct
2021-01-25	Common Stock	F	212.0000	$50.7500	Disposed	26411.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-25	Performance Stock Units	$0.0000	M	396.0000	Disposed	2021-01-25	Common Stock (396.0000)	Direct
2021-01-25	Restricted Stock Units	$0.0000	M	610.0000	Disposed	2021-01-25	Common Stock (610.0000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 (28985.0000)	28985.0000	Direct
Employee Stock Option (Right-to-Buy)	$48.9200	2024-01-23	Common Stock (2746.0000)	2746.0000	Direct
Employee Stock Option (Right-to-Buy)	$50.1000	2027-01-26	Common Stock (13033.0000)	13033.0000	Direct
Employee Stock Option (Right-to-Buy)	$53.5700	2028-01-25	Common Stock (16375.0000)	16375.0000	Direct
Performance Stock Units	$0.0000	2022-01-24	Common Stock (1015.5200)	1015.5200	Direct
Phantom Units	$0.0000		Common Stock (2938.3800)	2938.3800	Direct
Restricted Stock Units	$0.0000	2022-01-24	Common Stock (1030.5500)	1030.5500	Direct
Restricted Stock Units	$0.0000	2023-01-24	Common Stock (2019.3900)	2019.3900	Direct

Footnotes

F1: Shares withheld for taxes due on 396 shares issued.

F2: Shares withheld for taxes due on 610 shares issued.

F3: These performance stock units convert into shares of common stock on a 1-for-1 basis.

F4: 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.

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

F6: These restricted stock units vest in three equal annual installments beginning on the date shown.

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

F8: This option is 100% vested.

F9: 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.

F10: These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis.

F11: These units (acquired after 12-31-04) convert into shares of common stock upon the earlier of certain termination events as specified in the Key Employee Deferred Compensation Plan or such earlier date as selected by the participant, subject to holding periods required by law.

F12: Amount includes stock units acquired pursuant to a dividend equivalent feature.

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