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ECOLAB INC. — Director's Dealing 2004
May 4, 2004
29912_dirs_2004-05-04_0c7c65dc-3bc7-48c8-859a-93ff88a4ad6b.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: 2004-04-30
Reporting Person: BILLER LESLIE S (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2004-04-30 | Common Stock | A | 140.13 | $0.00 | Acquired | 38768.74 | Direct |
| 2004-04-30 | Common Stock | A | 341.91 | $29.735 | Acquired | 39162.90 | Direct |
| 2004-04-30 | Common Stock | M | 6412 | $22.653 | Acquired | 45574.90 | Direct |
| 2004-04-30 | Common Stock | F | 4884 | $29.735 | Disposed | 40690.90 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2004-04-30 | Director Stock Option (Right to Buy) | $22.653 | M | 6412 | Disposed | 2012-05-10 | Common Stock (6412) | Direct |
| 2004-04-30 | Director Stock Option (Right to Buy) | $29.735 | A | 4884 | Acquired | 2012-05-10 | Common Stock (4884) | Direct |
Footnotes
F1: Reflects the reporting person's payment of the exercise price of a stock option issued in accordance with Rule 16b-3 by delivering shares of Ecolab Common Stock.
F2: Includes 52.25 shares acquired pursuant to a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.
F3: This option was previously reported as covering 3,206 shares at an exercise price of $45.305/share, but has been adjusted to reflect a 2-for-1 stock split on June 6, 2003.
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