ECOLAB INC. — Director's Dealing 2021

Mar 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2021-03-12

Reporting Person: Wyant Jill S (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-12	Common Stock	M	11951	—	Acquired	22074	Direct
2021-03-12	Common Stock	F	5567	$214.854	Disposed	16507	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-12	Restricted Stock Units	$	M	11951	Disposed		Common Stock (11951)	Direct

Footnotes

F1: Each restricted stock unit was the economic equivalent of one share of Ecolab Common Stock and was settled for an equivalent number of shares of Ecolab Common Stock.

F2: Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of restricted stock units in accordance with Rule 16b-3.

F3: On March 12, 2019, the reporting person was granted 11,951 restricted stock units, vesting on the second anniversary of the date of grant.