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ECOLAB INC. — Director's Dealing 2007
Oct 30, 2007
29912_dirs_2007-10-30_89e86a7d-04c2-4461-8508-80a92b580145.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: 2007-10-26
Reporting Person: Snedeker C William (EVP-Global Services Sector)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2007-10-26 | Common Stock | M | 40000 | $24.34 | Acquired | 41106.725 | Direct |
| 2007-10-26 | Common Stock | S | 600 | $47.01 | Disposed | 40506.725 | Direct |
| 2007-10-26 | Common Stock | S | 39400 | $47.00 | Disposed | 1106.999 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-10-26 | Employee Stock Option (Right to Buy) | $24.34 | M | 40000 | Disposed | 2012-12-05 | Common Stock (40000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2659.475 | Indirect |
Footnotes
F1: Includes 0.068 shares acquired on 01/19/07, 0.070 shares acquired on April 19, 2007, 0.070 shares acquired on July 19, 2007 and 0.066 shares acquired by reporting person on October 18, 2007 under the Ecolab Dividend Reinvestment Plan.
F2: Number of UNITS owned by the reporting person in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of September 30, 2007. Includes 138.116 UNITS acquired since the reporting person's last report. (The 2,659.475 UNITS are equivalent to approximately 4,965 SHARES of the issuer's Common Stock.)
F3: Option granted under the Ecolab Inc. 2002 Stock Incentive Plan on December 5, 2002. The 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 option shares on the third anniversary of the date of grant.