ECOLAB INC. — Director's Dealing 2015

Feb 13, 2015

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC (ECL)
CIK: 0000031462
Period of Report: 2014-12-31

Reporting Person: BAKER DOUGLAS M JR (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-17	Common Stock	G	19504	$0.00	Disposed	325255	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	12415	Indirect
Common Stock	69925	Indirect
Common Stock	5328.184	Indirect

Footnotes

F1: Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of December 31, 2014. Includes 0.853 UNITS acquired since the reporting person's last report. (The 5,328.184 UNITS are the equivalent of approximately 9,841 SHARES of the issuer's Common Stock.)