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ECOLAB INC. Director's Dealing 2005

Dec 21, 2005

29912_dirs_2005-12-21_4496d6a0-6e71-443a-9a6f-39777ed1a48e.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: 2005-12-20

Reporting Person: JOHNSON JOEL W (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2005-12-20 Common Stock M 16000 $7.969 Acquired 39747.56 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2005-12-20 Stock Option (Right to Buy) $7.969 M 16000 Disposed 2006-05-10 Common Stock (16000) Direct

Footnotes

F1: Includes 4.79 shares acquired by dividend reinvestment under the Dividend Reinvestment and Stock Purchase Plan for shareholders of Ecolab sponsored by Computershare Trust Company, Inc. in connection with October 17, 2005 dividend.

F2: Option granted under the Ecolab Inc. 1995 Non-Employee Director Stock Option Plan on May 10, 1996. The option was originally reported as covering 4,000 shares at an exercise price of $31.875/share, but has been adjusted to reflect stock splits on January 15, 1998 and June 6, 2003. The option became exercisable in two equal installments on May 9, 1997 and May 8, 1998.