SEC Form 4 · accession 0001179110-17-008358
ECOLAB INC. · ECL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Hickey
Officer — EVP & Pres. Global Inst.
Period of report
May 30, 2017
Accepted (ET)
Jun 1, 2017 · 5:18 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 StockF1 | May 30, 2017 | M | 13,700 | $45.665 | A | 57,342 | D | |
| Common StockF2 | May 30, 2017 | S | 13,700 | $131.295 | D | 43,642 | D | |
| Common StockF3 | holding | — | — | — | 3,990 | 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)F4 | $45.665 | May 30, 2017 | M | 13,700 | D | Dec 2, 2010 | Dec 2, 2019 | Common Stock | 13,700 | 0 | D |
Explanation of responses
- F1The total includes 11.433 shares acquired on April 20, 2017 by dividend reinvestment under the Dividend Reinvestment Plan for shareholders of Ecolab sponsored by Computershare Trust Company, N.A.
- F2This transaction was executed in multiple trades at prices ranging from $131.20 to $131.53, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of April 30, 2017. Includes 21.871 UNITS acquired since the reporting person's last report. (The 3,989.759 UNITS are the equivalent of approximately 7,346 SHARES of the issuer's Common Stock.)
- F4The 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. The date listed in the "Date Exercisable" column represents the first anniversary date of the date of grant.