AI assistant
ECOLAB INC. — Director's Dealing 2016
Sep 7, 2016
29912_dirs_2016-09-07_6bfce0b6-e61a-4c3c-826c-76212c73b762.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2016-09-02
Reporting Person: Beck Christophe (EVP & Pres-Global Water)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-02 | Common Stock | M | 14800 | $35.63 | Acquired | 32475 | Direct |
| 2016-09-02 | Common Stock | F | 9011 | $123.81 | Disposed | 23464 | Direct |
| 2016-09-07 | Common Stock | S | 5789 | $122.7045 | Disposed | 17675 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-09-02 | Common Stock | $35.63 | M | 14800 | Disposed | 2018-12-03 | Common Stock (14800) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1095.495 | Indirect |
Footnotes
F1: Reflects the reporting person's payment of the exercise price and withholding taxes for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock.
F2: This transaction was executed in multiple trades at prices ranging from $122.70 to $122.73. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3: Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of August 31, 2016. Includes 6.369 UNITS acquired since the reporting person's last report. (The 1,095.495 UNITS are the equivalent of approximately 2,018 SHARES of the issuer's Common Stock.)
F4: Option granted under the Ecolab Inc. 2005 Stock Incentive Plan on December 3, 2008. The option became exercisable, on a cumulative basis, as to one-third of the option shares (excluding any fractional portion less than one share), on each of the first and second anniversaries of the date of grant and as to the remaining option shares on the third anniversary of the date of grant.