SEC Form 4 · accession 0001225208-18-008546
FULLER H B CO · FUL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Martsching
Officer — VP, Corporate Controller
Period of report
May 1, 2018
Accepted (ET)
May 3, 2018 · 10:59 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 Stock | May 1, 2018 | M | 2,397 | $49.63 | A | 12,513 | D | |
| Common StockF1,F2 | May 1, 2018 | F | 734 | $49.63 | D | 11,779 | D | |
| Common StockF3 | holding | — | — | — | 5 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF6,F4,F5 | $0.00 | May 1, 2018 | M | 2,397 | D | — | May 1, 2018 | Common Stock | 2,397 | 0 | D |
| Employee Stock Option (Right-to-Buy)F7 | $22.27 | holding | — | — | — | Jan 20, 2012 | Jan 20, 2021 | Common Stock | 4,315 | 4,315 | D |
| Employee Stock Option (Right-to-Buy)F7 | $28.40 | holding | — | — | — | Jan 26, 2013 | Jan 26, 2022 | Common Stock | 3,504 | 3,504 | D |
| Employee Stock Option (Right-to-Buy)F8 | $33.38 | holding | — | — | — | Jan 19, 2017 | Jan 19, 2026 | Common Stock | 9,546 | 9,546 | D |
| Employee Stock Option (Right-to-Buy)F7 | $38.31 | holding | — | — | — | Apr 10, 2014 | Apr 10, 2023 | Common Stock | 658 | 658 | D |
| Employee Stock Option (Right-to-Buy)F7 | $39.64 | holding | — | — | — | Jan 24, 2014 | Jan 24, 2023 | Common Stock | 2,806 | 2,806 | D |
| Employee Stock Option (Right-to-Buy)F7 | $41.00 | holding | — | — | — | Jan 22, 2016 | Jan 22, 2025 | Common Stock | 7,292 | 7,292 | D |
| Employee Stock Option (Right-to-Buy)F7 | $48.92 | holding | — | — | — | Jan 23, 2015 | Jan 23, 2024 | Common Stock | 5,326 | 5,326 | D |
| Employee Stock Option (Right-to-Buy)F8 | $50.10 | holding | — | — | — | Jan 26, 2018 | Jan 26, 2027 | Common Stock | 7,582 | 7,582 | D |
| Employee Stock Option (Right-to-Buy)F8 | $53.57 | holding | — | — | — | Jan 25, 2019 | Jan 25, 2028 | Common Stock | 7,336 | 7,336 | D |
| Performance Stock Option (Right-to-Buy)F9 | $57.70 | holding | — | — | — | Jan 31, 2021 | Oct 20, 2027 | Common Stock | 20,016 | 20,016 | D |
| Performance Stock UnitsF12,F10,F11 | $0.00 | holding | — | — | — | Jan 19, 2017 | Jan 19, 2019 | Common Stock | 380 | 380 | D |
| Performance Stock UnitsF10,F11 | $0.00 | holding | — | — | — | Jan 25, 2019 | Jan 25, 2021 | Common Stock | 775 | 775 | D |
| Performance Stock UnitsF12,F10,F11 | $0.00 | holding | — | — | — | Jan 26, 2018 | Jan 26, 2020 | Common Stock | 553 | 553 | D |
| Phantom UnitsF15,F13,F14 | $0.00 | holding | — | — | — | — | — | Common Stock | 3,032 | 3,032 | D |
| Restricted Stock UnitsF6,F4,F16 | $0.00 | holding | — | — | — | Jan 19, 2017 | Jan 19, 2019 | Common Stock | 382 | 382 | D |
| Restricted Stock UnitsF4,F16 | $0.00 | holding | — | — | — | Jan 25, 2019 | Jan 25, 2021 | Common Stock | 775 | 775 | D |
| Restricted Stock UnitsF6,F4,F16 | $0.00 | holding | — | — | — | Jan 26, 2018 | Jan 26, 2027 | Common Stock | 1,274 | 1,274 | D |
Explanation of responses
- F1Shares withheld for taxes due on 2,397 shares issued.
- F10These performance stock units convert into shares of common stock on a 1-for-1 basis.
- F11These 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.
- F12This 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.
- F13These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis.
- F14These 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 as selected by the participant, subject to holding periods required by law.
- F15Amount includes stock units acquired pursuant to a dividend equivalent feature.
- F16These restricted stock units vest in three equal annual installments beginning on the date shown.
- F2Amount includes 2,738 restricted shares that are 100% vested and restricted shares acquired pursuant to a dividend accrual feature.
- F3Amount includes shares and dividends acquired pursuant to the H.B.Fuller Company 401(k) & Retirement Plan.
- F4These restricted stock units convert into shares of common stock on a 1-for-1 basis.
- F550% of these restricted stock units vested on May 1, 2017 and 50% will vest on May 1, 2018.
- F6Amount includes restricted stock units acquired pursuant to a dividend equivalent reinvestment feature.
- F7This option is 100% vested.
- F8This option vests in three equal annual installments beginning on the date shown.
- F9These 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.