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: HANDLEY THOMAS W (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-17	Common Stock	G	238	$0.00	Disposed	30450	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	35079.155	Indirect
Common Stock	541.794	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 0.087 UNITS acquired since the reporting person's last report. (The 541.794 UNITS are the equivalent of approximately 1,000 shares of the issuer's Common Stock.)