SEC Form 4 · accession 0001179110-18-011590

ECOLAB INC. · ECL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman and CEO · Director

Period of report

Sep 18, 2018

Accepted (ET)

Sep 20, 2018 · 4:56 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 6, 2018	G	336	$0.00	D	472,764	D
Common Stock	Sep 18, 2018	M	120,075	$48.055	A	592,839	D
Common Stock	Sep 18, 2018	F	74,847	$156.22	D	517,992	D
Common Stock	Jun 1, 2018	G	350	$0.00	D	7,050	I	By Wife
Common Stock	holding	—	—		—	72,850	I	By Julie M. Baker 2012 Irrevocable Trust
Common Stock	holding	—	—		—	72,500	I	By Douglas M. Baker, Jr. 2012 Irrevocable Trust
Common Stock^F2	holding	—	—		—	5,567	I	By Ecolab Savings Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (Right to Buy)^F3	$48.055	Sep 18, 2018	M	120,075	D	Dec 1, 2011	Dec 1, 2020	Common Stock	120,075	40,025	D

F1Reflects 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.
F2Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of August 31, 2018. Includes 31.082 UNITS acquired since the reporting person's last report. (The 5,567.277 UNITS are the equivalent of approximately 10,228 SHARES of the issuer's Common Stock.)
F3The 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.