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ECOLAB INC. Director's Dealing 2003

Aug 15, 2003

29912_dirs_2003-08-15_4a5a3a75-7b11-4fb1-a74c-746311718c50.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC (ECL)
CIK: 0000031462
Period of Report: 2003-08-13

Reporting Person: SCHUMAN ALLAN L (Director, Chairman of the Board & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-08-13 Common Stock F 4251 $25.26 Disposed 592859 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 13755.604 Indirect

Footnotes

F1: Reflects the reporting person's withholding of shares from the vesting of a restricted stock award to satisfy withholding taxes in accordance with Rule 16b-3.

F2: The number of shares reported by the reporting person have been doubled to reflect the 2 for 1 stock split of Ecolab Inc. Common Stock effected in the form of 100% stock dividend on June 6, 2003.

F3: Number of UNITS owned by the reporting person in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of July 31, 2003. Includes 39.637 UNITS acquired since the reporting person's last report. (The 13,755.604 UNITS are the equivalent of approximately 25,835.60 SHARES of the issuer's Common Stock.)