SEC Form 4 · accession 0001225208-17-015879
FULLER H B CO · FUL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Traci L Jensen
Officer — Sr.VP, Global Const Products
Period of report
Oct 2, 2017
Accepted (ET)
Oct 4, 2017 · 11:23 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000039368
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 2, 2017 | S | 5,397 | $58.395 | D | 14,528 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right-to-Buy)F3 | $22.27 | holding | — | — | — | — | Jan 20, 2021 | Common Stock | 12,658 | 12,658 | D |
| Employee Stock Option (Right-to-Buy)F3 | $23.68 | holding | — | — | — | — | Apr 14, 2020 | Common Stock | 6,223 | 6,223 | D |
| Employee Stock Option (Right-to-Buy)F4 | $33.38 | holding | — | — | — | — | Jan 19, 2026 | Common Stock | 29,832 | 29,832 | D |
| Employee Stock Option (Right-to-Buy)F5 | $41.00 | holding | — | — | — | — | Jan 22, 2025 | Common Stock | 22,789 | 22,789 | D |
| Employee Stock Option (Right-to-Buy)F3 | $48.92 | holding | — | — | — | — | Jan 23, 2024 | Common Stock | 16,644 | 16,644 | D |
| Employee Stock Option (Right-to-Buy)F6 | $50.10 | holding | — | — | — | Jan 26, 2018 | Jan 26, 2027 | Common Stock | 23,696 | 23,696 | D |
| Performance Stock UnitsF9,F7,F8 | $0.00 | holding | — | — | — | Jan 19, 2017 | Jan 19, 2019 | Common Stock | 2,336 | 2,336 | D |
| Performance Stock UnitsF7,F10 | $0.00 | holding | — | — | — | Jan 26, 2018 | Jan 26, 2020 | Common Stock | 2,563 | 2,563 | D |
| Restricted Stock UnitsF11,F12 | $0.00 | holding | — | — | — | — | Jan 19, 2019 | Common Stock | 2,337 | 2,337 | D |
| Restricted Stock UnitsF14,F11,F13 | $0.00 | holding | — | — | — | — | Jan 22, 2018 | Common Stock | 2,048 | 2,048 | D |
| Restricted Stock UnitsF11,F15 | $0.00 | holding | — | — | — | Jan 26, 2018 | Jan 26, 2020 | Common Stock | 4,297 | 4,297 | D |
Explanation of responses
- F1The price reported is the weighted average sale price for the transaction reported. The prices received ranged from $58.36 to $58.51. 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.
- F10These performance stock units vest in three 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.
- F11These restricted stock units convert into shares of common stock on a 1-for-1 basis.
- F12These restricted stock units vest in three equal annual installments beginning on January 19, 2017. These restricted stock units make up part of the reporting person's fiscal year 2016 long-term incentive plan grant.
- F13These restricted stock units vest in three equal annual installments beginning on January 22, 2016.
- F14These restricted units include stock units acquired pursuant to a dividend equivalent reinvestment feature.
- F15These restricted stock units vest in three equal annual installments beginning on the date shown.
- F2Amount includes 24,398 restricted shares awarded pursuant to H.B. Fuller Company's Amended and Restated Year 2000 Stock Incentive Plan and are 100% vested. Total amount also includes restricted shares acquired pursuant to a dividend accrual feature.
- F3This option is 100% vested.
- F4This option vests in three equal installments beginning on January 19, 2017. This option makes up part of the reporting person's fiscal year 2016 long-term incentive plan grant.
- F5This option vests in three equal annual installments beginning on January 22, 2016.
- F6This option vests in three equal installments beginning on the date shown.
- F7These performance stock units convert into shares of common stock on a 1-for-1 basis.
- F8These performance stock units vest in three 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. These performance stock units make up part of the reporting person's fiscal year 2016 long-term incentive plan grant.
- F9This amount has been adjusted to reflect the increase in number of performance stock units of the original grant based on performance criteria. Amount also includes performance stock units acquired pursuant to a dividend equivalent reinvestment feature.