SEC Form 4 · accession 0001225208-18-001878
FULLER H B CO · FUL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zhiwei Cai
Officer — Sr. VP, Engineering Adhesives
Period of report
Jan 26, 2018
Accepted (ET)
Jan 30, 2018 · 7:33 pm EST
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 Stock | Jan 26, 2018 | M | 1,184 | $54.53 | A | 4,936 | D | |
| Common Stock | Jan 26, 2018 | M | 489 | $54.53 | A | 5,425 | D | |
| Common StockF1 | Jan 26, 2018 | F | 166 | $54.53 | D | 5,259 | D | |
| Common StockF2 | Jan 26, 2018 | F | 407 | $54.53 | D | 4,852 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF4,F6,F3,F5 | $0.00 | Jan 26, 2018 | M | 489 | D | Jan 26, 2018 | Jan 26, 2020 | Common Stock | 489 | 947 | D |
| Phantom UnitsF7,F8 | $0.00 | Jan 26, 2018 | A | 4 | A | — | — | Common Stock | 4 | 708 | D |
| Restricted Stock UnitsF11,F9,F10 | $0.00 | Jan 26, 2018 | M | 1,184 | D | Jan 26, 2018 | Jan 26, 2020 | Common Stock | 1,184 | 2,405 | D |
| Employee Stock Option (Right-to-Buy)F12 | $33.38 | holding | — | — | — | Jan 19, 2017 | Jan 19, 2026 | Common Stock | 9,546 | 9,546 | D |
| Employee Stock Option (Right-to-Buy)F12 | $36.00 | holding | — | — | — | Feb 12, 2017 | Feb 12, 2026 | Common Stock | 6,649 | 6,649 | D |
| Employee Stock Option (Right-to-Buy)F13 | $39.33 | holding | — | — | — | Oct 1, 2015 | Oct 1, 2024 | Common Stock | 1,669 | 1,669 | D |
| Employee Stock Option (Right-to-Buy)F13 | $39.64 | holding | — | — | — | Jan 24, 2014 | Jan 24, 2023 | Common Stock | 2,806 | 2,806 | D |
| Employee Stock Option (Right-to-Buy)F13 | $41.00 | holding | — | — | — | Jan 22, 2016 | Jan 22, 2025 | Common Stock | 7,292 | 7,292 | D |
| Employee Stock Option (Right-to-Buy)F14 | $41.80 | holding | — | — | — | Feb 2, 2018 | Feb 2, 2025 | Common Stock | 27,726 | 27,726 | D |
| Employee Stock Option (Right-to-Buy)F13 | $48.92 | holding | — | — | — | Jan 23, 2015 | Jan 23, 2024 | Common Stock | 2,746 | 2,746 | D |
| Employee Stock Option (Right-to-Buy)F12 | $50.10 | holding | — | — | — | Jan 26, 2018 | Jan 26, 2027 | Common Stock | 13,033 | 13,033 | D |
| Employee Stock Option (Right-to-Buy)F12 | $53.57 | holding | — | — | — | Jan 25, 2019 | Jan 25, 2028 | Common Stock | 16,375 | 16,375 | D |
| Performance Stock Option (Right-to-Buy)F15 | $57.70 | holding | — | — | — | Jan 31, 2021 | Oct 20, 2027 | Common Stock | 62,552 | 62,552 | D |
| Performance Stock UnitsF6,F3,F5 | $0.00 | holding | — | — | — | Jan 19, 2017 | Jan 19, 2019 | Common Stock | 379 | 379 | D |
| Performance Stock UnitsF3,F16 | $0.00 | holding | — | — | — | Jan 25, 2019 | Jan 25, 2021 | Common Stock | 1,730 | 1,730 | D |
| Performance Stock UnitsF6,F3,F5 | $0.00 | holding | — | — | — | Feb 12, 2017 | Feb 12, 2019 | Common Stock | 521 | 521 | D |
| Restricted Stock UnitsF11,F9,F10 | $0.00 | holding | — | — | — | Jan 19, 2017 | Jan 19, 2019 | Common Stock | 381 | 381 | D |
| Restricted Stock UnitsF9,F10 | $0.00 | holding | — | — | — | Jan 25, 2019 | Jan 25, 2021 | Common Stock | 1,730 | 1,730 | D |
| Restricted Stock UnitsF11,F9,F10 | $0.00 | holding | — | — | — | Feb 12, 2017 | Feb 12, 2019 | Common Stock | 522 | 522 | D |
| Restricted Stock UnitsF11,F9,F10 | $0.00 | holding | — | — | — | Feb 12, 2018 | Feb 12, 2020 | Common Stock | 20,222 | 20,222 | D |
Explanation of responses
- F1Shares withheld for taxes due on 489 shares issued.
- F10These restricted stock units vest in three equal annual installments beginning on the date shown.
- F11Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
- F12This option vests in three equal annual installments beginning on the date shown.
- F13This option is 100% vested.
- F14This option vests in two equal annual installments beginning on the date shown upon the achievement of certain gross margin targets being met.
- F15These performance-based non-qualified stock options vest on the date shown contingent upon H.B. Fuller achieving adjusted EBITDA at least at the threshold level of performance.
- F16These 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.
- F2Shares withheld for taxes due on 1,184 shares issued.
- F3These performance stock units convert into shares of common stock on a 1-for-1 basis.
- F4This amount reflects a 105% payout based on the performance criteria achieved.
- F5These 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.
- F6This 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.
- F7These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis.
- F8These 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 DeferredCompensation Plan or such earlier date asselected by the participant, subject to holding periods required by law.
- F9These restricted stock units convert into shares of common stock on a 1-for-1 basis.