UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
MADAR, WILLIAM P.
28601 CLEMENS ROAD
WESTLAKE, OH 44145
U.S.A.
2. Issuer Name and Ticker or Trading Symbol
NORDSON CORPORATION - NDSN
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
JANUARY 31, 2001
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
CHAIRMAN OF THE BOARD
7. 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 |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect |
| Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership |
| | | | Beneficially |(D)or | |
| | | | | A/| | Owned at |Indir | |
| Date |Code|V| Amount | D | Price | End of Month |ect(I)| |
___________________________________________________________________________________________________________________________________|
COMMON STOCK |1/5/01|F | |8,358 |D |$28.75 |482,627 (1) |D | |
-----------------------------------------------------------------------------------------------------------------------------------|
(1) Includes 2,930 shares | | | | | | | | | |
thru the Co. ESOP Plan as o| | | | | | | | | |
f 1/31/01. | | | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
___________________________________________________________________________________________________________________________________
Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial |
|cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership |
|Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | |
|Deriva- | | | |Date |Expir| | |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| |
|Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | |
|rity |Date |Code|V| Amount | |ble | | | |Month |(I)| |
___________________________________________________________________________________________________________________________________|
Employee Stock Option |$21.75 |1/5/0|M | |100,000 ** |D |3/10/|3/10/|COMMON STOCK|100,000| |-0- |D | |
Right to Buy) | |1 | | | | |94 |04 | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
Stock Units | |1/31/|J | |512 |A | | |COMMON STOCK|506 |* |8,563 |D | |
| |01 | | | | | | | | | | | | |
-----------------------------------------------------------------------------------------------------------------------------------|
| | | | | | | | | | | | | | |
___________________________________________________________________________________________________________________________________|
Explanation of Responses:
* Stock Units accrued through Nordson's Director's Deferred Compensation Plan
as of 1/31/01 and have accrued on a periodic basis. Receipt of
stock is not permissible until Director ceases to be a Director or attains
age 70, whichever occurs first.
** Reporting person gifted and transferred stock option of 100,000 shares to
William Chase Madar and Josiah R. Madar, Trustees of the
William P. Madar Irrevocable Family Trust (50,000 shares), and to William
Chase Madar and Josiah R. Madar, Trustees of the Amanda
C. Madar Irrevocable Family Trust (50,000 shares). Upon exercise,
reporting person paid tax liability owed by surrendering shares
currently owned to
issuer.
SIGNATURE OF REPORTING PERSON
N. D. PELLECCHIA, ATTORNEY-IN-FACT
DATE
FEBRUARY 6, 2001