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FUL > SEC Filings for FUL > Form 8-K on 20-Aug-2014All Recent SEC Filings

Show all filings for FULLER H B CO

Form 8-K for FULLER H B CO


20-Aug-2014

Other Events


Item 8.01 Other Events.

On August 19, 2014, James J. Owens, President and Chief Executive Officer of H.B. Fuller Company (the "Company"), adopted a stock trading plan in accordance with Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended. The stock trading plan follows the Company's policies on trading in Company securities and executive stock ownership requirements. The stock trading plan contemplates the sale of up to 1,800 shares of the Company's common stock each quarter (for a total not to exceed 7,200 shares) over a period beginning on August 20, 2014 and ending on or before May 26, 2015. The total shares subject to the stock trading plan represent less than 5% of Mr. Owens' current holdings in the Company's common stock. Shares may be sold on the open market at prevailing market prices and subject to minimum price thresholds specified in the stock trading plan.

Rule 10b5-1 permits individuals who are not in possession of material, non-public information at the time the plan is adopted to establish pre-arranged plans to buy or sell company securities. Using these plans, individuals can prudently and gradually diversify their investment portfolios, spread stock trades over an extended period of time to reduce market impact and avoid concerns about transactions occurring at a time when they might possess material, non-public information.

Transactions made pursuant to Mr. Owens' stock trading plan will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission. Except as may be required by law, the Company does not undertake to report on specific Rule 10b5-1 plans of the Company's officers or directors, nor to report modifications or terminations of Mr. Owens' stock trading plan or the plan of any other individual.


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