SEC Form 4 · accession 0001179110-17-013625
ECOLAB INC. · ECL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruno Lavandier
Officer — SVP & Corporate Controller
Period of report
Oct 30, 2017
Accepted (ET)
Nov 1, 2017 · 4:33 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 | Oct 30, 2017 | M | 59 | — | A | 7,981 | D | |
| Common Stock | Oct 30, 2017 | F | 19 | $131.335 | D | 7,962 | 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 | — | Oct 30, 2017 | M | 59 | D | Oct 30, 2017 | Oct 30, 2017 | Common Stock | 59 | 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 vesting of units from a grant totaling 59 restricted stock units made on October 30, 2014.