ECOLAB INC. — Director's Dealing 2015

Dec 30, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2015-12-10

Reporting Person: HANDLEY THOMAS W (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-10	Common Stock	G	571	—	Disposed	26739.664	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	19177.155	Indirect
Common Stock	51775	Indirect
Common Stock	548.044	Indirect

Footnotes

F1: Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of November 30, 2015. (The 548.044 UNITS are the equivalent of approximately 1,011 SHARES of the issuer's Common Stock.)