SEC Form 4 · accession 0001179110-15-007260
ECOLAB INC. · ECL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan L Hughes
Officer — Sr. VP & Corporate Controller
Period of report
May 5, 2015
Accepted (ET)
May 7, 2015 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000031462
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 5, 2015 | M | 2,035 | $45.24 | A | 6,324 | D | |
| Common StockF1 | May 5, 2015 | S | 1,633 | $112.2139 | D | 4,691 | D | |
| Common StockF2 | holding | — | — | — | 525 | I | By Ecolab Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $45.24 | May 5, 2015 | M | 2,035 | D | Dec 6, 2007 | Dec 6, 2016 | Common Stock | 2,035 | 4,165 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $112.186 to $112.258. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of April 30, 2015. Includes 1.449 UNITS acquired since the reporting person's last report. (The 524.910 UNITS are the equivalent of approximately 969 SHARES of the issuer's Common Stock.)
- F3Option granted under the Ecolab Inc. 2002 Stock Incentive Plan on December 6, 2006. The option became exercisable, on a cumulative basis, as to one-third of the option shares (excluding any fractional portion less than one share), on each of the first and second anniversaries of the date of grant and as to the remaining shares on the third anniversary of the date of grant.