SEC Form 4 · accession 0001179110-16-032751
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
Dec 7, 2016
Accepted (ET)
Dec 9, 2016 · 5:11 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 | holding | — | — | — | 130,526 | D | ||
| Common StockF2 | holding | — | — | — | 2,804 | 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)F3 | $117.73 | Dec 7, 2016 | A | 35,750 | A | Dec 7, 2017 | Dec 7, 2026 | Common Stock | 35,750 | 35,750 | D |
Explanation of responses
- F1The total includes 1.251 shares acquired by the reporting person on October 15, 2016, by dividend reinvestment under the Dividend Reinvestment Plan for shareholders of Ecolab sponsored by Computershare Trust Company, N.A.
- F2Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of November 30, 2016. Includes 8.296 UNITS acquired since the reporting person's last report. (The 2,803.856 UNITS are the equivalent of approximately 5,169 SHARES of the issuer's Common Stock.)
- F3The 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.