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ECOLAB INC. Director's Dealing 2022

May 5, 2022

29912_dirs_2022-05-04_cf478c37-4c19-4ea1-b14f-7fb55dd693ed.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: 2022-05-02

Reporting Person: Brown Darrell R (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-05-02 Common Stock M 14400 Acquired 25574 Direct
2022-05-02 Common Stock F 6267 $166.380 Disposed 19307 Direct
2022-05-03 Common Stock M 2800 Acquired 22107 Direct
2022-05-03 Common Stock F 1241 $166.550 Disposed 20866 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-05-02 Restricted Stock Units $ M 14400 Disposed 2022-05-02 Common Stock (14400) Direct
2022-05-03 Restricted Stock Units $ M 2800 Disposed 2022-05-03 Common Stock (2800) Direct

Footnotes

F1: On May 2, 2018, the reporting person was granted 14,400 restricted stock units vesting as to 100% of the units on the fourth anniversary of the date of grant, subject to continued employment. The restricted stock units converted into common stock on a one-for-one basis.

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 May 3, 2017, the reporting person was granted 2,800 restricted stock units vesting as to 100% of the units on the fifth anniversary of the date of grant, subject to continued employment. The restricted stock units converted into common stock on a one-for-one basis.