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ECOLAB INC. — Director's Dealing 2024
May 8, 2024
29912_dirs_2024-05-08_f06ead92-83f0-4786-b3a4-47a3f5d6ac55.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: 2024-05-06
Reporting Person: HIGGINS ARTHUR J (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-06 | Common Stock | M | 2200 | $112.745 | Acquired | 27748.22 | Direct |
| 2024-05-06 | Common Stock | M | 2300 | $115.075 | Acquired | 30048.22 | Direct |
| 2024-05-06 | Common Stock | S | 4500 | $227.523 | Disposed | 25548.22 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-06 | Non-Employee Stock Option (Right to Buy) | $112.745 | M | 2200 | Disposed | 2025-05-07 | Common Stock (2200) | Direct |
| 2024-05-06 | Non-Employee Stock Option (Right to Buy) | $115.075 | M | 2300 | Disposed | 2026-05-05 | Common Stock (2300) | Direct |
| 2024-05-06 | Non-Employee Director Stock Option (Right to Buy) | $228.255 | A | 934 | Acquired | 2034-05-06 | Common Stock (934) | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $227.51 to $227.60, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2: The option became or will become exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant and as to the remaining shares on the last day of the fourth three-month period following its date of grant; provided, however, that if a Change in Control of the Company (as that term is defined in the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan) will occur, then the option will become immediately exercisable in full. The date listed in the Date Exercisable column represents the first vesting date.