LEE R. MITAU - 30 Nov 2022 Form 4 Insider Report for FULLER H B CO (FUL)

Role
Director
Signature
/s/ Timothy J. Keenan, Attorney-in-Fact
Issuer symbol
FUL
Transactions as of
30 Nov 2022
Net transactions value
+$59,125
Form type
4
Filing time
01 Dec 2022, 07:37:21 UTC
Previous filing
03 Oct 2022
Next filing
30 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FUL Common Stock 42,671 30 Nov 2022 By Trust F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FUL Stock Units Award $59,125 +736 +0.51% $80.31 144,761 30 Nov 2022 Common Stock 736 $0.000000 Direct F2, F3, F4
holding FUL Stock Units 49,424 30 Nov 2022 Common Stock 49,424 $0.000000 Direct F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 20, 2021 and October 27, 2021, the reporting person withdrew a total of 34,949 shares of H.B. Fuller common stock from a grantor retained annuity trust established for the benefit of himself, his adult children and their descendants. In exchange for the shares, the reporting person contributed to the trust bonds and cash in the principal amount of $2,391,161.39. The reporting person believes that his withdrawal of shares from the trust, and their subsequent contribution into an existing revocable trust, constitute a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.
F2 These units convert into shares of common stock on a 1-for-1 basis.
F3 These units will be converted into shares of common stock upon retirement, death, disability or certain specified events, all as defined in such plan, subject to holding periods required by law.
F4 This amount includes stock units acquired pursuant to a dividend equivalent feature of the Directors' Deferred Compensation Plan.
F5 These units (acquired before 12-31-04) will be converted into shares of common stock upon retirement, death, disability or certain specified events, all as defined in such plan, subject to holding periods required by law.