SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

STROUCKEN ALBERT P L

(Last)

(First)

(Middle)

1200 WILLOW LAKE BOULEVARD

P.O. BOX 64683

(Street)

ST. PAUL

55164-0683

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
FULLER H B CO [ FUL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chairman of Board, Pres, CEO

3. Date of Earliest Transaction (Month/Day/Year)
11/30/2006

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								3,713.91⁽¹⁾	I	By 401(k) Plan
Common Stock								124,672.39⁽⁸⁾⁽¹⁶⁾	D
Common Stock	11/30/2006		M		14,000	A	$13.945	245,832	D
Common Stock	11/30/2006		S		300	D	$25.82	245,532	D
Common Stock	11/30/2006		S		200	D	$25.84	245,332	D
Common Stock	11/30/2006		S		400	D	$25.85	244,932	D
Common Stock	11/30/2006		S		500	D	$25.86	244,432	D
Common Stock	11/30/2006		S		300	D	$25.87	244,132	D
Common Stock	11/30/2006		S		500	D	$25.88	243,632	D
Common Stock	11/30/2006		S		400	D	$25.89	243,232	D
Common Stock	11/30/2006		S		1,400	D	$25.9	241,832	D
Common Stock	11/30/2006		S		1,800	D	$25.91	240,032	D
Common Stock	11/30/2006		S		300	D	$25.92	239,732	D
Common Stock	11/30/2006		S		1,000	D	$25.93	238,732	D
Common Stock	11/30/2006		S		1,100	D	$25.94	237,632	D
Common Stock	11/30/2006		S		700	D	$25.95	236,932	D
Common Stock	11/30/2006		S		500	D	$25.96	236,432	D
Common Stock	11/30/2006		S		200	D	$25.97	236,232	D
Common Stock	11/30/2006		S		100	D	$25.98	236,132	D
Common Stock	11/30/2006		S		200	D	$25.99	235,932	D
Common Stock	11/30/2006		S		500	D	$26	235,432	D
Common Stock	11/30/2006		S		100	D	$26.01	235,332	D
Common Stock	11/30/2006		S		200	D	$26.03	235,132	D
Common Stock	11/30/2006		S		1,800	D	$26.07	233,332	D
Common Stock	11/30/2006		S		300	D	$26.08	233,032	D
Common Stock	11/30/2006		S		600	D	$26.09	232,432	D
Common Stock	11/30/2006		S		100	D	$26.1	232,332	D
Common Stock	11/30/2006		S		400	D	$26.11	231,932	D
Common Stock	11/30/2006		S		100	D	$26.12	231,832	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (Right-to-Buy)	$9.9375							08/08/1988⁽²⁾	12/01/2009	Common Stock	113,368		113,368	D
Employee Stock Option (Right-to-Buy)	$9.3125							08/08/1988⁽³⁾	12/07/2010	Common Stock	207,792		207,792	D
Employee Stock Option (Right-to-Buy)	$12.975							08/08/1988⁽⁴⁾	01/17/2012	Common Stock	143,442		143,442	D
Phantom Stock	$0.0⁽⁵⁾							08/08/1988⁽⁶⁾	08/08/1988⁽⁶⁾	Common Stock	68,300.42		68,300.42⁽¹⁰⁾	D
Employee Stock Option (Right-to-Buy)	$13.95							08/08/1988⁽⁷⁾⁽¹⁶⁾	12/09/2012	Common Stock	32,772		32,772	D
Employee Stock Option (Right-to-Buy)	$14.195							08/08/1988⁽⁹⁾⁽¹⁶⁾	04/14/2014	Common Stock	82,220		82,220	D
Employee Stock Option (Right-to-Buy)	$13.945	11/30/2006		M			14,000	08/08/1988⁽¹¹⁾⁽¹⁶⁾	12/10/2014	Common Stock	14,000	$13.945	124,098	D
Phantom Stock	$0.0⁽¹²⁾							08/08/1988⁽¹³⁾	08/08/1988⁽¹³⁾	Common Stock	6,710		6,710⁽¹⁴⁾	D
Employee Stock Option (Right-to-Buy)	$16.015							08/08/1988⁽¹⁵⁾⁽¹⁶⁾	12/01/2015	Common Stock	149,114		149,114	D

Explanation of Responses:

1. 401(k) Plan: This amount includes shares and dividends acquired during the fiscal year pursuant to the H.B. Fuller Company Thrift Plan.

2. 2000 Stock Incentive Plan: This option vests in four equal installments beginning on December 1, 2000.

3. 2000 Stock Incentive Plan: This option vests in four equal installments beginning on December 7, 2001.

4. 2000 Stock Incentive Plan: This option vests in four equal installments beginning on January 17, 2003.

5. Deferred Compensation Plan: These units convert into shares of common stock on a 1-for-1 basis.

6. Deferred Compensation Plan: Units convert into shares of common stock upon the earlier of certain termination events as specified in the Key Employee Deferred Compensation Plan or such earlier date as selected by the participant.

7. 2000 Stock Incentive Plan: This option vests in four equal installments beginning on December 9, 2003.

8. 2000 Stock Incentive Plan: These restricted shares were awarded pursuant to H.B. Fuller Company's 2000 Stock Incentive Plan. Amount includes 1790 restricted shares that will vest in four equal annual installments beginning on April 14, 2005, 6544 restricted shares that will vest in four equal annual installments beginning on April 15, 2005, 29822 restricted shares that will vest effective December 10, 2007 subject to attainment of earnings per share target, and 27040 restricted shares that will vest effective December 1, 2008 subject to attainment of earnings per share target. This total amount includes shares acquired pursuant to a dividend reinvestment feature of the Plan.

9. 2000 Stock Incentive Plan: This option vests in four equal installments beginning on April 14, 2005.

10. Key Employee Deferred Compensation Plan Dividend Reinvestment: This amount includes stock units acquired pursuant to a dividend equivalent feature of the Key Employees' Deferred Compensation Plan.

11. 2000 Stock Incentive Plan: This option vests in four equal installments beginning on December 10, 2005

12. Deferred Compensation Plan: These units (acquired after 12-31-04) convert into shares of common stock on a 1-for-1 basis.

13. Deferred Compensation Plan: These 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 Deferred Compensation Plan or such earlier date as selected by the participant, subject to holding periods required by law.

14. Key Employee Deferred Compensation Plan Dividend Reinvestment: This amount (acquired after 12-31-04) includes stock units acquired pursuant to a dividend equivalent feature of the Key Employees' Deferred Compensation Plan.

15. 2000 Stock Incentive Plan: This option vests in four equal installments beginning on December 1, 2006.

16. Pursuant to a Separation Agreement dated November 20, 2006 (the "Agreement") between H.B. Fuller Company and Albert P.L. Stroucken, all shares of restricted stock and stock options granted to Mr. Stroucken that by their terms remain unvested on December 1, 2006 shall become fully vested as of December 1, 2006. Also pursuant to the Agreement, the expiration date of all stock options granted to Mr. Stroucken that by their terms remain unvested on December 1, 2006 shall be extended from December 1, 2006 until the close of business on February 1, 2007.

Remarks:

All above holdings changed to reflect August 4, 2006 2:1 stock split.

	Timothy J. Keenan, Attorney-in-Fact	12/01/2006
	** Signature of Reporting Person	Date
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