SEC Form 4 · accession 0001179110-16-028406
ECOLAB INC. · ECL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel J Schmechel
Officer — Chief Financial Officer
Period of report
Aug 4, 2016
Accepted (ET)
Aug 8, 2016 · 7:43 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 | Aug 4, 2016 | M | 21,500 | $49.42 | A | 131,846 | D | |
| Common Stock | Aug 4, 2016 | F | 14,603 | $122.095 | D | 117,243 | D | |
| Common Stock | Aug 4, 2016 | M | 34,400 | $35.63 | A | 151,643 | D | |
| Common StockF2 | Aug 4, 2016 | F | 21,121 | $122.095 | D | 130,524 | D | |
| Common StockF3 | holding | — | — | — | 2,796 | 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 OptionF4 | $49.42 | Aug 4, 2016 | M | 21,500 | D | Dec 5, 2008 | Dec 5, 2017 | Common Stock | 21,500 | 0 | D |
| Common StockF5 | $35.63 | Aug 4, 2016 | M | 34,400 | D | Dec 3, 2009 | Dec 3, 2018 | Common Stock | 34,400 | 0 | D |
Explanation of responses
- F1Reflects the reporting person's payment of the exercise price and witholding taxes for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock.
- F2The total includes 1.261 shares acquired on April 20, 2016 and 1.199 shares acquired on July 20, 2016 by dividend reinvestment under the Dividend Reinvestment Plan for shareholders of Ecolab sponsored by Computershare Trust Company, N.A.
- F3Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of July 31, 2016. (The 2,795.560 UNITS are the equivalent of approximately 5,154 shares of the issuer's Common Stock.)
- F4Option 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 shares on the third anniversary of the date of grant.
- F5Option 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 shares on the third anniversary of the date of grant.