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ECOLAB INC. — Director's Dealing 2008
May 2, 2008
29912_dirs_2008-05-02_9a5cde5d-ef02-4788-a62e-2b89b0582a02.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: 2008-05-01
Reporting Person: Berger Larry L (Chief Technical Officer & SVP)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-05-01 | Common Stock | A | 4000 | — | Acquired | 4000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2008-05-01 | Employee Stock Option (Right to Buy) | $45.575 | A | 14200 | Acquired | 2018-05-01 | Common Stock (14200) | Direct |
Footnotes
F1: Option granted under the Ecolab Inc. 2005 Stock Incentive Plan on May 1, 2008. The option will be 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 shares on the third anniversary of the date of grant; provided, however, that if a Change in Control (as that term is defined in the 2005 Plan) will occur, then the option, if it has been outstanding for at least six months from the date of grant, will become immediately exercisable in full.