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ECOLAB INC. Director's Dealing 2007

Dec 12, 2007

29912_dirs_2007-12-12_6320daac-da6b-496f-aad8-5552844a23e2.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: 2007-12-10

Reporting Person: JOHNSON JOEL W (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-12-10 Common Stock M 24000 $16.156 Acquired 85203.74 Direct
2007-12-10 Common Stock F 7614 $50.925 Disposed 77673.220 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-12-10 Common Stock $16.156 M 24000 Disposed 2008-05-08 Common Stock (24000) Direct

Footnotes

F1: Reflects the reporting person's payment of the exercise price for a stock option issued in accordance with Rule 16b-3 by delivering shares of Ecolab Common Stock.

F2: Includes 83.48 shares acquired by reporting person on October 18, 2007 by dividend reinvestment under the Dividend Reinvestment Plan for shareholders of Ecolab sponsored by Computershare Trust Company, Inc.

F3: Option granted under the Ecolab Inc. 1995 Non-Employee Director Stock Option Plan on May 8, 1998. The option was originally reported as covering 12,000 shares at an exercise price of $32.3125 but has been adjusted to reflect a stock split on June 6, 2003. The option became exercisable, cumulatively, as to one-third of the total shares subject to the option on each of the three subsequent dates of the annual meeting of stockholders following the date of grant.