SEC Form 4 · accession 0001179110-18-011594

ECOLAB INC. · ECL

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

Reporting owner

Officer — President and COO

Period of report

Sep 18, 2018

Accepted (ET)

Sep 20, 2018 · 5:02 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^F1	Aug 31, 2018	G	4,127	$0.00	D	4,127	I	2016 GRAT
Common Stock	Aug 31, 2018	G	4,127	$0.00	A	7,403	I	By child #1 trust
Common Stock	Aug 31, 2018	G	4,127	$0.00	D	0	I	By 2016 GRAT
Common Stock	Aug 31, 2018	G	4,127	$0.00	A	7,403	I	By child #2 trust
Common Stock^F1	Sep 18, 2018	M	42,300	$55.595	A	155,013	D
Common Stock	Sep 18, 2018	F	27,477	$156.22	D	127,536	D
Common Stock^F3	holding	—	—		—	566	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)^F4	$55.595	Sep 18, 2018	M	42,300	D	Dec 1, 2012	Dec 1, 2021	Common Stock	42,300	0	D

F1The reporting person is trustee and sole annuitant of the 2016 GRAT, a grantor retained annuity trust. On August 17, 2018, the 2018 GRAT distributed 31,847.155 shares of the issuer's common stock out of the 40,101.155 shares then held by the 2016 GRAT to the reporting person as an annuity payment.
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 August 31, 2018. Includes 3.146 UNITS acquired since the reporting person's last report. (The 565.985 UNITS are the equivalent of approximately 1,039 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.