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ECOLAB INC. — Director's Dealing 2020
Jun 5, 2020
29912_dirs_2020-06-05_22052314-3624-49e7-a3d1-3c5c230060a3.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: 2020-06-03
Reporting Person: BAKER DOUGLAS M JR (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-04 | Common Stock | G | 19576 | — | Disposed | 581152 | Direct |
| 2020-06-03 | Common Stock | S | 2353 | — | Disposed | 578799 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 7050 | Indirect |
| Common Stock | 72850 | Indirect |
| Common Stock | 72500 | Indirect |
| Common Stock | 5668.227 | Indirect |
Footnotes
F1: The foregoing transaction relates to the reporting person's participation in an exchange offer whereby Ecolab Inc. ("Ecolab") offered to its stockholders the ability to exchange all or a portion of their shares of Ecolab common stock for shares of ChampionX Holding Inc. ("ChampionX") common stock, which shares were immediately exchanged for Apergy Corporation ("Apergy") common stock in connection with the merger of ChampionX into a merger subsidiary of Apergy, with ChampionX surviving the merger as a wholly-owned subsidiary of Apergy. Pursuant to the terms of the exchange offer, the reporting person received 24.6667 shares of ChampionX common stock for each share of Ecolab common stock accepted in the exchange offer.
F2: The amount represents the number of shares of Ecolab common stock that the reporting person elected to exchange multiplied by the final proration factor of 4.7060% and represents a preliminary calculation. If the number of shares of Ecolab common stock that were actually disposed of by the reporting person in connection with the exchange offer differs from this calculation, the reporting person will file an amendment to this report, including an adjustment to the end of period holdings.
F3: Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of May 31, 2020. Includes 15.076 UNITS acquired since the reporting person's last report. (The 5,668.227 UNITS are the equivalent of approximately 10,391 SHARES of the issuer's Common Stock.)