SEC Form 4 · accession 0001179110-16-019846
ECOLAB INC. · ECL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alex N Blanco
Officer — EVP and Chief Supply Chain Off
Period of report
Feb 20, 2016
Accepted (ET)
Feb 23, 2016 · 4:05 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 StockF1 | Feb 20, 2016 | M | 3,647 | — | A | 8,440 | D | |
| Common Stock | Feb 20, 2016 | F | 1,249 | $107.55 | D | 7,191 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Feb 20, 2016 | M | 3,647 | D | — | — | Common Stock | 3,647 | 0 | D |
Explanation of responses
- F1Each restricted stock unit was the economic equivalent of one share of Ecolab Common Stock and was settled for an equivalent number of shares of Ecolab Common Stock.
- F2Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of restricted stock units in accordance with Rule 16b-3.
- F3Represents the third and final pro rata vesting of units from an initial grant of 10,940 restricted stock units made on February 20, 2013.