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ECOLAB INC. — Director's Dealing 2017
Mar 8, 2017
29912_dirs_2017-03-07_d8dfe941-548b-4ea2-9dca-22aa9da40617.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2017-03-03
Reporting Person: LEVIN JERRY W (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-03 | Common Stock | M | 2400 | $104.85 | Acquired | 34920.96 | Direct |
| 2017-03-03 | Common Stock | F | 2010 | $125.155 | Disposed | 32910.96 | Direct |
| 2017-03-03 | Common Stock | M | 2200 | $112.745 | Acquired | 35110.96 | Direct |
| 2017-03-03 | Common Stock | F | 1981 | $125.155 | Disposed | 33129.96 | Direct |
| 2017-03-03 | Common Stock | M | 1725 | $115.075 | Acquired | 34854.96 | Direct |
| 2017-03-03 | Common Stock | F | 1586 | $125.155 | Disposed | 33268.96 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-03 | Non-Employee Stock Option (Right to Buy) | $104.85 | M | 2400 | Disposed | 2024-05-08 | Common Stock (2400) | Direct |
| 2017-03-03 | Non-Employee Stock Option (Right to Buy) | $112.745 | M | 2200 | Disposed | 2025-05-07 | Common Stock (2200) | Direct |
| 2017-03-03 | Non-Employee Stock Option (Right to Buy) | $115.075 | M | 1725 | Disposed | 2026-05-05 | Common Stock (1725) | Direct |
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: The option became exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant, and as to the remaining shares on the last day of the fourth three-month period following its date of grant.
F3: The option became exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant, and the remaining shares will become exercisable on the last day of the fourth three-month period following its date of grant; provided, however, that if a Change in Control of the Company (as that term is defined in the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan) will occur, then the option will become immediately exercisable in full.