SEC Form 4 · accession 0001179110-19-003348

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 4, 2019

Accepted (ET)

Mar 5, 2019 · 7:17 pm EST

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 4, 2019	M	14,400	$55.595	A	41,232	D
Common Stock	Mar 4, 2019	M	22,800	$71.54	A	64,032	D
Common Stock	Mar 4, 2019	S	11,320	$170.341	D	52,712	D
Common Stock	Mar 4, 2019	S	13,125	$168.851	D	39,587	D
Common Stock	Mar 4, 2019	S	12,755	$168.184	D	26,832	D
Common Stock^F4	holding	—	—		—	1,639	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)^F5	$55.595	Mar 4, 2019	M	14,400	D	Dec 1, 2012	Dec 1, 2021	Common Stock	14,400	0	D
Employee Stock Option (Right to Buy)^F5	$71.54	Mar 4, 2019	M	22,800	D	Dec 5, 2013	Dec 5, 2022	Common Stock	22,800	0	D

Explanation of responses

F1This transaction was executed in multiple trades at prices ranging from $170.00 to $170.75, 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.
F2This transaction was executed in multiple trades at prices ranging from $168.49 to $169.40, 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.
F3This transaction was executed in multiple trades at prices ranging from $168.05 to $168.33, 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.
F4Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of February 28, 2019. (The 1,638.711 UNITS are the equivalent of approximately 3,009 SHARES of the issuer's Common Stock.)
F5The 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.