SEC Form 4 · accession 0001179110-16-032719
ECOLAB INC. · ECL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas M Baker Jr.
Officer — Chairman and CEO · Director
Period of report
Dec 7, 2016
Accepted (ET)
Dec 9, 2016 · 4:41 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 | Aug 26, 2016 | G | 20,972 | $0.00 | D | 409,577 | D | |
| Common Stock | Aug 26, 2016 | G | 4,830 | $0.00 | D | 14,385 | I | By Wife |
| Common Stock | holding | — | — | — | 72,500 | I | By Douglas M. Baker, Jr. 2012 Irrevocable Trust | |
| Common StockF1 | holding | — | — | — | 5,456 | 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 | $117.73 | Dec 7, 2016 | A | 188,679 | A | Dec 7, 2017 | Dec 7, 2026 | Common Stock | 188,679 | 188,679 | D |
Explanation of responses
- F1Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of November 30, 2016. Includes 16.152 UNITS acquired since the reporting person's last report. (The 5,456.467 UNITS are the equivalent of approximately 10,060 SHARES of the issuer's Common Stock.)
- F2The option will be 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.