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ECOLAB INC. Director's Dealing 2014

Apr 2, 2014

29912_dirs_2014-04-02_5f250c5b-0d7d-4c09-b133-029e77e1bf94.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: 2014-03-31

Reporting Person: JOHNSON JOEL W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-05	Common Stock	G	12762	$0.00	Disposed	65503.197	Direct
2014-03-31	Common Stock	A	168.81	$0.00	Acquired	65672.007	Direct
2014-03-31	Common Stock	A	279.41	$107.37	Acquired	53309.21	Direct
2014-03-05	Common Stock	G	12762	$0.00	Acquired	12762	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12762	Indirect

Footnotes

F1: Includes 120.62 shares acquired pursuant to a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.

F2: On March 5, 2014, the reporting person contributed 12,762 shares of Ecolab Inc. Common Stock to a grantor retained annuity trust for the benefit of himself and his children.