ECOLAB INC. — Director's Dealing 2024

Jun 26, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ECOLAB INC. (ECL)
CIK: 0000031462
Period of Report: 2024-06-16

Reporting Person: Boone Jandeen M (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	313	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$119.120	2025-12-02	Common Stock (161)		Direct
Employee Stock Option (Right to Buy)	$137.087	2027-12-06	Common Stock (777)		Direct
Employee Stock Option (Right to Buy)	$158.515	2028-12-04	Common Stock (611)		Direct
Employee Stock Option (Right to Buy)	$184.39	2029-12-03	Common Stock (523)		Direct
Employee Stock Option (Right to Buy)	$221.41	2030-12-03	Common Stock (508)		Direct
Employee Stock Option (Right to Buy)	$223.78	2031-12-01	Common Stock (552)		Direct
Employee Stock Option (Right to Buy)	$148.495	2032-12-07	Common Stock (2470)		Direct
Employee Stock Option (Right to Buy)	$191.03	2033-12-06	Common Stock (1562)		Direct
Restricted Stock Units	$	2026-11-02	Common Stock (1769)		Direct

Footnotes

F1: 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 shares on the third anniversary of the date of grant. The date listed in the "Date Exercisable" column is the first anniversary of the date of grant.

F2: Option granted under the Ecolab Inc. 2023 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 shares on the third anniversary of the date of grant. The date listed in the "Date Exercisable" column is the first anniversary of the date of grant.

F3: 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. The date listed in the "Date Exercisable" column is the third anniversary of the date of grant.