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ECOLAB INC. — Director's Dealing 2024
Feb 27, 2024
29912_dirs_2024-02-27_a8bd8585-dbca-4d08-9981-8d8a3343173a.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: 2024-02-25
Reporting Person: Busch Angela M (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-25 | Common Stock | M | 2345 | — | Acquired | 15882 | Direct |
| 2024-02-25 | Common Stock | F | 728 | $220.460 | Disposed | 15154 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-25 | Restricted Stock Units | $ | M | 2345 | Disposed | 2025-02-25 | Common Stock (2345) | Direct |
Footnotes
F1: Represents the third (out of four) vesting of units from the grant of 9,379 restricted stock units made on February 25, 2021. The vesting schedule for the grant provided for the units to vest, subject to continued employment, as to one-fourth of the units (excluding any fractional portion less than one unit), on each of the first, second and third anniversaries of the date of grant and as to the remaining units on the fourth anniversary of the date of grant. Restricted stock units convert into common stock on a one-for-one basis.
F2: Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of restricted stock units in accordance with Rule 16b-3.