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: 2021-01-24

Reporting Person: Keenan Timothy J (VP, Gen. Counsel & Corp. Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-24	Common Stock	M	600.0000	$52.7300	Acquired	23072.0000	Direct
2021-01-24	Common Stock	M	497.0000	$52.7300	Acquired	23569.0000	Direct
2021-01-24	Common Stock	M	355.0000	$52.7300	Acquired	23924.0000	Direct
2021-01-24	Common Stock	M	5.0000	$52.7300	Acquired	23929.0000	Direct
2021-01-24	Common Stock	F	130.0000	$52.7300	Disposed	23799.0000	Direct
2021-01-24	Common Stock	F	141.0000	$52.7300	Disposed	23658.0000	Direct
2021-01-24	Common Stock	F	170.0000	$52.7300	Disposed	23488.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-24	Performance Stock Units	$0.0000	M	355.0000	Disposed	2021-01-24	Common Stock (355.0000)	Direct
2021-01-24	Restricted Stock Units	$0.0000	M	600.0000	Disposed	2022-01-24	Common Stock (600.0000)	Direct
2021-01-24	Restricted Stock Units	$0.0000	M	497.0000	Disposed	2023-01-24	Common Stock (497.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5.8800	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right-to-Buy)	$33.3800	2026-01-19	Common Stock (16408.0000)	16408.0000	Direct
Employee Stock Option (Right-to-Buy)	$39.6400	2023-01-24	Common Stock (10291.0000)	10291.0000	Direct
Employee Stock Option (Right-to-Buy)	$41.0000	2025-01-22	Common Stock (12534.0000)	12534.0000	Direct
Employee Stock Option (Right-to-Buy)	$45.0500	2029-01-24	Common Stock (16483.0000)	16483.0000	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 (9154.0000)	9154.0000	Direct
Employee Stock Option (Right-to-Buy)	$51.1000	2027-01-26	Common Stock (14336.0000)	14336.0000	Direct
Employee Stock Option (Right-to-Buy)	$53.5700	2028-01-25	Common Stock (13100.0000)	13100.0000	Direct
Performance Stock Units	$0.0000	2022-01-24	Common Stock (609.1200)	609.1200	Direct
Performance Stock Units	$0.0000	2021-01-25	Common Stock (489.1100)	489.1100	Direct
Restricted Stock Units	$0.0000	2021-01-25	Common Stock (489.1100)	489.1100	Direct

Footnotes

F1: This amount reflects the number of shares acquired pursuant to dividend accruals during the vesting period.

F2: Shares withheld for taxes due on 360 shares issued.

F3: Shares withheld for taxes due on 497 shares issued.

F4: Shares withheld for taxes due on 600 shares issued.

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

F6: These performance stock units convert into shares of common stock on a 1-for-1 basis.

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 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.

F13: 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.

F14: Amount includes performance stock units acquired pursuant to a dividend equivalent reinvestment feature.