ECOLAB INC. — Director's Dealing 2011

Sep 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC (ECL)
CIK: 0000031462
Period of Report: 2011-09-19

Reporting Person: LEVIN JERRY W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-19	Common Stock	M	4328	$17.745	Acquired	42807.78	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-19	Stock Option (Right to Buy)	$17.745	M	4328	Disposed	2011-11-01	Common Stock (4328)	Direct

Footnotes

F1: Option granted under the Ecolab Inc. 2001 Non-Employee Director Stock Option Plan. The option was originally reported as a grant of 2,164 shares at a price of $35.49 per share, and was adjusted following the company's two-for-one stock split paid June 6, 2003.

F2: The option was granted in lieu of $19,194.36 of non-employee director compensation earned by the reporting person over the period from May 12, 2001 to October 31, 2001.