ECOLAB INC. — Director's Dealing 2020

Jun 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2020-06-01

Reporting Person: HIGGINS ARTHUR J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-01	Common Stock	M	3800	$63.995	Acquired	23303.60	Direct
2020-06-01	Common Stock	S	3800	$212.275	Disposed	19503.60	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-01	Non-Employee Director Stock Option (Right to Buy)	$63.995	M	3800	Disposed	2022-05-03	Common Stock (3800)	Direct

Footnotes

F1: 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. The date listed in the "Date Exercisable" column represents the first vesting date.