ECOLAB INC. — Director's Dealing 2022

Apr 8, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2022-04-01

Reporting Person: Sved Gergely (N/A)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$	2023-05-06	Common Stock (1855)		Direct
Employee Stock Option (Right to Buy)	$184.39	2029-12-03	Common Stock (2179)		Direct
Employee Stock Option (Right to Buy)	$221.41	2030-12-03	Common Stock (3384)		Direct
Employee Stock Option (Right to Buy)	$223.78	2031-12-01	Common Stock (3263)		Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Ecolab Inc. common stock. The units will vest, subject to continued employment, as to 100% of the grant amount on the third anniversary of the date of grant.

F2: Option granted under the Ecolab Inc. 2010 Stock Incentive Plan. The option became or becomes exercisable, on a cumulative basis, as to one-third of the option shares (excluding any fractional portion less than one share), on each of the first and second anniversaries of the date of grant and as to the remaining option shares on the third anniversary of the date of grant. The date listed is the first anniversary of the date of grant.

F3: The option covered 3,268 shares when granted, with 1,089 of the option shares exercised prior to Mr. Sved becoming a reporting person.