SEC Form 4 · accession 0001179110-15-015418
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
Nov 24, 2015
Accepted (ET)
Nov 24, 2015 · 5:40 pm EST
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 | Nov 24, 2015 | M | 4,165 | $45.24 | A | 8,856 | D | |
| Common Stock | Nov 24, 2015 | F | 2,445 | $119.595 | D | 6,411 | D | |
| Common StockF1 | holding | — | — | — | 528 | 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)F2 | $45.24 | Nov 24, 2015 | M | 4,165 | D | Dec 6, 2007 | Dec 6, 2016 | Common Stock | 4,165 | 0 | D |
Explanation of responses
- F1Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of October 31, 2015. Includes 2.898 UNITS acquired since the reporting person's last report. (The 527.808 UNITS are the equivalent of approximately 974 SHARES of the issuer's Common Stock.)
- F2Option 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.