SEC Form 4 · accession 0001179110-18-004304
ECOLAB INC. · ECL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roberto Inchaustegui
Officer — EVP & Pres-Global Serv & Spec
Period of report
Mar 12, 2018
Accepted (ET)
Mar 14, 2018 · 4:59 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 Stock | Mar 12, 2018 | M | 4,800 | $45.665 | A | 27,402 | D | |
| Common Stock | Mar 12, 2018 | S | 4,800 | $136.037 | D | 22,602 | D | |
| Common StockF1 | holding | — | — | — | 1,620 | 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 | $45.665 | Mar 12, 2018 | M | 4,800 | D | Dec 2, 2010 | Dec 2, 2019 | Common Stock | 4,800 | 4,800 | D |
Explanation of responses
- F1Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of February 28, 2018. (The 1,620.173 UNITS are the equivalent of approximately 2,980 SHARES of the issuer's Common Stock.)
- F2The 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.