SEC Form 4 · accession 0001179110-18-011014
ECOLAB INC. · ECL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Angela M Busch
Officer — EVP - Corp & Bus Dev
Period of report
Aug 28, 2018
Accepted (ET)
Aug 30, 2018 · 5:30 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 | Aug 28, 2018 | M | 2,000 | $35.63 | A | 19,974 | D | |
| Common StTock | Aug 28, 2018 | F | 940 | $150.105 | D | 19,034 | D | |
| Common StockF3 | holding | — | — | — | 1,289 | 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 | $36.63 | Aug 28, 2018 | M | 2,000 | D | Dec 3, 2009 | Dec 3, 2018 | Common Stock | 2,000 | 4,000 | D |
Explanation of responses
- F1Includes 4 additional shares acquired since the reporting person's last report under the Ecolab Stock Purchase Plan, including dividend reinvestment.
- 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 June 30, 2018. Includes 3.697 UNITS acquired since the reporting person's last report. (The 1,288.683 UNITS are the equivalent of approximately 2,368 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.