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ECOLAB INC. Director's Dealing 2010

Jul 30, 2010

29912_dirs_2010-07-30_df9181ac-53bc-42e2-8867-5f196d48a4d6.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: 2010-07-29

Reporting Person: BAKER DOUGLAS M JR (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-07-29 Common Stock M 23499 $35.515 Acquired 76689.132 Direct
2010-07-29 Common Stock F 19813 $48.895 Disposed 56876.132 Direct
2010-07-29 Common Stock M 5487 $44.81 Acquired 62363.132 Direct
2010-07-29 Common Stock F 5223 $48.895 Disposed 57140.132 Direct
2010-07-29 Common Stock M 27717 $44.81 Acquired 84857.132 Direct
2010-07-29 Common Stock F 26389 $48.895 Disposed 58812.832 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-07-29 Employee Stock Option (Right to Buy) $35.515 M 23499 Disposed 2010-08-18 Common Stock (23499) Direct
2010-07-29 Employee Stock Option (Right to Buy) $44.81 M 5487 Disposed 2010-08-18 Common Stock (5487) Direct
2010-07-29 Employee Stock Option (Right to Buy) $44.81 M 27717 Disposed 2010-12-07 Common Stock (27717) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 96400 Indirect
Common Stock 5054.084 Indirect

Footnotes

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

F2: Includes 115.277 shares acquired by reporting person on January 21, 2010, 118.241 shares acquired on April 20, 2010, and 111.182 shares acquired on July 20, 2010 by dividend reinvestment under the Dividend Reinvestment Plan for shareholders of Ecolab sponsored by Computershare Trust Company, Inc.

F3: Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of June 30, 2010. Includes 33.733 UNITS acquired since the reporting person's last report. (The 5,054.084 UNITS are the equivalent of approximtely 9,443 SHARES of the issuer's Common Stock.)