ECOLAB INC. — Director's Dealing 2022

Jan 5, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

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

Reporting Person: Bradway Jennifer J (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1278	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$	2023-12-03	Common Stock (1489)		Direct
Restricted Stock Units	$	2024-02-25	Common Stock (189)		Direct
Employee Stock Option (Right to Buy)	$107.685	2024-12-03	Common Stok (1122)		Direct
Employee Stock Option (Right to Buy)	$119.12	2025-12-02	Common Stock (1057)		Direct
Employee Stock Option (Right to Buy)	$117.730	2026-12-07	Common Stock (993)		Direct
Employee Stock Option (Right to Buy)	$137.087	2027-12-06	Common Stock (950)		Direct
Employee Stock Option (Right to Buy)	$158.515	2028-12-04	Common Stock (1357)		Direct
Employee Stock Option (Right to Buy)	$184.390	2029-12-03	Common Stock (1906)		Direct
Employee Stock Option (Right to Buy)	$221.410	2030-12-03	Common Stock (2256)		Direct
Employee Stock Option (Right to Buy)	$223.780	2031-12-01	Common Stock (2761)		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.