SEC Form 4 · accession 0001179110-17-015101
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 5, 2017
Accepted (ET)
Dec 7, 2017 · 6:38 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 | Dec 5, 2017 | M | 14,500 | $45.665 | A | 149,089 | D | |
| Common Stock | Dec 5, 2017 | F | 9,376 | $137.527 | D | 139,713 | D | |
| Common Stock | Dec 7, 2017 | S | 1,708 | $136.304 | D | 138,005 | D | |
| Common StockF3 | holding | — | — | — | 2,836 | 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 | Dec 5, 2017 | M | 14,500 | D | Dec 2, 2010 | Dec 2, 2019 | Common Stock | 14,500 | 0 | D |
Explanation of responses
- F1The total includes 1.239 shares acquired on April 20, 2017, 1.174 shares acquired on July 20, 2017, and 1.158 shares acquired on October 18, 2017 by dividend reinvestment under the Dividend Reinvestment Plan for shareholders of Ecolab sponsored by Computershare Trust Company, N.A.
- F2Reflects the reporting person's payment of the exercise price and withholding taxes for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock.
- F3Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of November 30, 2017. Includes 23.952 UNITS acquired since the reporting person's last report. (The 2,836.446 UNITS are the equivalent of approximately 5,216 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.