Jensen Traci L Form 4 FULLER H B / TRACI L JENSEN ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

JENSEN TRACI L

(Last)

(First)

(Middle)

1200 WILLOW LAKE BOULEVARD

P.O. BOX 64683

(Street)

ST. PAUL

55164-0683

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
FULLER H B CO [ FUL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Vice President

3. Date of Earliest Transaction (Month/Day/Year)
01/24/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/24/2021		M		1,001	A	$52.73	16,707	D
Common Stock	01/24/2021		M		497	A	$52.73	17,204	D
Common Stock	01/24/2021		M		355	A	$52.73	17,559	D
Common Stock	01/24/2021		M		5⁽¹⁾	A	$52.73	17,564	D
Common Stock	01/24/2021		F		124⁽²⁾	D	$52.73	17,440	D
Common Stock	01/24/2021		F		171⁽³⁾	D	$52.73	17,269	D
Common Stock	01/24/2021		F		344⁽⁴⁾	D	$52.73	16,925	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Stock Units	$0.0000⁽⁵⁾	01/24/2021		M			355	01/24/2021	01/24/2021	Common Stock	355	$52.73	0.0000	D
Restricted Stock Units	$0.0000⁽⁶⁾	01/24/2021		M			1,001	01/24/2020⁽⁷⁾	01/24/2022	Common Stock	1,001	$52.73	1,030.55⁽⁸⁾	D
Restricted Stock Units	$0.0000⁽⁶⁾	01/24/2021		M			497	01/24/2021⁽⁷⁾	01/24/2023	Common Stock	497	$52.73	1,009.69⁽⁸⁾	D
Employee Stock Option (Right-to-Buy)	$33.38							01/19/2017⁽⁹⁾	01/19/2026	Common Stock	29,832		29,832	D
Employee Stock Option (Right-to-Buy)	$41							01/22/2016⁽⁹⁾	01/22/2025	Common Stock	22,789		22,789	D
Employee Stock Option (Right-to-Buy)	$45.05							01/24/2020⁽¹⁰⁾	01/24/2029	Common Stock	27,472		27,472	D
Employee Stock Option (Right-to-Buy)	$48.35							01/24/2021⁽¹⁰⁾	01/24/2030	Common Stock	14,492		14,492	D
Employee Stock Option (Right-to-Buy)	$48.92							01/23/2015⁽⁹⁾	01/23/2024	Common Stock	16,644		16,644	D
Employee Stock Option (Right-to-Buy)	$50.1							01/26/2018⁽⁹⁾	01/26/2027	Common Stock	23,696		23,696	D
Employee Stock Option (Right-to-Buy)	$53.57							01/25/2019⁽¹⁰⁾	01/25/2028	Common Stock	21,834		21,834	D
Performance Stock Units	$0.0000⁽⁵⁾							01/24/2020⁽¹¹⁾	01/24/2022	Common Stock	1,015.53		1,015.53⁽¹²⁾	D
Performance Stock Units	$0.0000⁽⁵⁾							01/25/2019⁽¹¹⁾	01/25/2021	Common Stock	813.51		813.51⁽¹³⁾	D
Restricted Stock Units	$0.0000⁽⁶⁾							01/25/2019⁽⁷⁾	01/25/2021	Common Stock	814.52		814.52⁽⁸⁾	D

Explanation of Responses:

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

2. Shares withheld for taxes due on 360 shares issued.

3. Shares withheld for taxes due on 497 shares issued.

4. Shares withheld for taxes due on 1,001 shares issued.

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

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

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

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

9. This option is 100% vested.

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

11. 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.

12. 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.

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

	/s/ Timothy J. Keenan, Attorney-in-Fact	01/25/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Jensen Traci L Form 4FULLER H B / TRACI L JENSEN ownership change