SEC Form 4 · accession 0001179110-15-016146

ECOLAB INC. · ECL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President and COO

Period of report

Dec 10, 2015

Accepted (ET)

Dec 11, 2015 · 4:54 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	Dec 10, 2015	M	40,000	$49.42	A	41,001	D
Common Stock	Dec 10, 2015	F	28,072	$116.46	D	12,929	D
Common Stock	Dec 10, 2015	M	40,000	$35.63	A	52,929	D
Common Stock	Dec 10, 2015	F	25,618	$116.46	D	27,311	D
Common Stock	holding	—	—		—	19,177	I	By GRAT No. 1
Common Stock	holding	—	—		—	51,775	I	By GRAT No. 2
Common Stock^F2	holding	—	—		—	548	I	By Ecolab Savings Plan

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	$49.42	Dec 10, 2015	M	40,000	D	Dec 5, 2008	Dec 5, 2017	Common Stock	40,000	0	D
Employee Stock Option (Right to Buy)^F4	$35.63	Dec 10, 2015	M	40,000	D	Dec 3, 2009	Dec 3, 2018	Common Stock	40,000	20,000	D

F1Reflects the reporting person's payment of the exercise price and withholding taxes for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock.
F2Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of November 30, 2015. (The 548.044 UNITS are the equivalent of approximately 1,011 SHARES of the issuer's Common Stock.)
F3Option granted under the Ecolab Inc. 2005 Stock Incentive Plan on December 5, 2007. 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 option shares on the third anniversary of the date of grant.
F4Option granted under the Ecolab Inc. 2005 Stock Incentive Plan on December 3, 2008. 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 option shares on the third anniversary of the date of grant.