SEC Form 4 · accession 0001179110-18-010994
ECOLAB INC. · ECL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur J Higgins
Director
Period of report
Aug 27, 2018
Accepted (ET)
Aug 29, 2018 · 4:55 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 | Aug 27, 2018 | M | 4,500 | $47.475 | A | 21,363 | D | |
| Common Stock | Aug 27, 2018 | M | 4,200 | $51.735 | A | 25,563 | D | |
| Common StockF1 | Aug 27, 2018 | S | 8,700 | $149.764 | D | 16,863 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Employee Director Stock Option (Right to Buy)F2 | $47.475 | Aug 27, 2018 | M | 4,500 | D | Aug 6, 2010 | May 6, 2020 | Common Stock | 4,500 | 0 | D |
| Non-Employee Director Stock Option (Right to Buy)F2 | $51.735 | Aug 27, 2018 | M | 4,200 | D | Aug 5, 2011 | May 5, 2021 | Common Stock | 4,200 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $149.75 to $149.84, 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.
- F2The option became exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant and as to the remaining shares on the last day of the fourth three-month period following its date of grant. The date listed in the "Date Exercisable" column represents the first vesting date.