SEC Form 4 · accession 0001179110-15-011328
ECOLAB INC. · ECL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry A Grundhofer
Director
Period of report
Jul 16, 2015
Accepted (ET)
Jul 20, 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 | Jul 16, 2015 | M | 4,300 | $42.905 | A | 74,492 | D | |
| Common Stock | Jul 16, 2015 | F | 1,608 | $114.725 | D | 72,884 | D | |
| Common Stock | Jul 16, 2015 | M | 4,200 | $45.965 | A | 77,084 | D | |
| Common Stock | Jul 16, 2015 | F | 1,682 | $114.725 | D | 75,402 | D | |
| Common Stock | Jul 16, 2015 | M | 5,200 | $38.625 | A | 80,602 | D | |
| Common Stock | Jul 16, 2015 | F | 1,750 | $114.725 | D | 78,852 | D | |
| Common Stock | Jul 16, 2015 | M | 4,500 | $47.475 | A | 83,352 | D | |
| Common Stock | Jul 16, 2015 | F | 1,862 | $114.725 | D | 81,490 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $42.905 | Jul 16, 2015 | M | 4,300 | D | May 4, 2007 | May 4, 2017 | Common Stock | 4,300 | 0 | D |
| Stock Option (Right to Buy)F2 | $45.965 | Jul 16, 2015 | M | 4,200 | D | Aug 1, 2008 | May 2, 2018 | Common Stock | 4,200 | 0 | D |
| Stock Option (Right to Buy)F2 | $38.625 | Jul 16, 2015 | M | 5,200 | D | Aug 7, 2009 | May 8, 2019 | Common Stock | 5,200 | 0 | D |
| Stock Option (Right to Buy)F2 | $47.475 | Jul 16, 2015 | M | 4,500 | D | Aug 6, 2010 | May 6, 2020 | Common Stock | 4,500 | 0 | D |
Explanation of responses
- F1Reflects the reporting person's payment of the exercise price for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock.
- F2The options became exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following their grant dates and as to the remaining shares on the last day of the fourth three-month period following their grant dates.