ECOLAB INC. — Director's Dealing 2022

Feb 25, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2022-02-23

Reporting Person: Busch Angela M (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-23	Common Stock	A	1954	—	Acquired	15706	Direct
2022-02-23	Common Stock	F	622	$175.59	Disposed	15084	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1404.270	Indirect

Footnotes

F1: Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3.

F2: Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of January 31, 2022. Includes 6.727 UNITS acquired since the reporting person's last report. (The 1,404.270 UNITS are the equivalent of approximately 2,579 SHARES of the issuer's Common Stock.)