ECOLAB INC. — Director's Dealing 2014

Mar 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC (ECL)
CIK: 0000031462
Period of Report: 2014-02-26

Reporting Person: SEIFERT JAMES J (Ex.VP, Gen. Counsel & Secy.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-26	Common Stock	A	6010	$0.00	Acquired	27688	Direct
2014-02-26	Common Stock	F	2031	$105.385	Disposed	25657	Direct

Footnotes

F1: Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3.