ECOLAB INC. — Director's Dealing 2016

Oct 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2016-09-30

Reporting Person: REICH VICTORIA (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-30	Common Stock	A	205.96	—	Acquired	15489.50	Direct
2016-09-30	Common Stock	A	257.44	$121.385	Acquired	16789.70	Direct

Footnotes

F1: Includes 42.76 shares acquired pursuant to a dividend reinvestment feature of the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan.

F2: Since the reporting person's last report, 1,000 shares previously reported as being indirectly held by means of the Robert Reich Trust were transferred to the reporting person pursuant to a domestic relations order.