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ECOLAB INC. Director's Dealing 2014

Mar 1, 2014

29912_dirs_2014-02-28_ff72e480-0b08-41a2-8a46-dc220022241f.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: 2014-02-26

Reporting Person: Mulhere Timothy P (EVP & Pres-Global Water)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-02-26 Common Stock A 3010 $0.00 Acquired 12029 Direct
2014-02-26 Common Stock F 1019 $105.385 Disposed 11017.8 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1685.958 Indirect

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.

F2: Includes 1.7 shares acquired by reporting person on April 17, 2012, 1.5 shares acquired on July 17, 2012, 1.5 shares acquired on October 16, 2012, 1.7 shares acquired on December 31, 2012 and 1.4 shares acquired on January 16, 2014 by a dividend reinvestment feature under the Ecolab Stock Purchase Plan.

F3: Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of January 31, 2014. Includes 5.478 UNITS acquired since the reporting person's last report. (The 1,685.958 UNITS are the equivalent of approximately 3,114 shares of the issuer's Common Stock.)