ECOLAB INC. — Director's Dealing 2012

Feb 25, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC (ECL)
CIK: 0000031462
Period of Report: 2012-02-22

Reporting Person: Fyrwald J Erik (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-22	Common Stock	M	67959	—	Acquired	111742	Direct
2012-02-22	Common Stock	F	26555	$61.94	Disposed	85187	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-22	Restricted Stock Units	$	M	67959	Disposed	2012-02-22	Common Stock (67959)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	46109	Indirect
Common Stock	12522	Indirect
Common Stock	3293	Indirect

Footnotes

F1: Each restricted stock unit was the economic equivalent of one share of Ecolab common stock and was settled for an equivalent number of shares of Ecolab common stock.