Michael Larson - 06 May 2021 Form 4 Insider Report for ECOLAB INC. (ECL)

Role: Director
Signature: /s/ David F. Duvick, as Attorney-in-Fact for Michael Larson
Issuer symbol: ECL
Transactions as of: 06 May 2021
Net transactions value: $0
Form type: 4
Filing time: 07 May 2021, 17:49:59 UTC
Next filing: 02 Jul 2021
SEC: View on sec.gov

Key filing fact

Michael Larson filed Form 4 for ECOLAB INC. (ECL) on 07 May 2021.

Key facts

This page summarizes Michael Larson's Form 4 filing for ECOLAB INC. (ECL).
1 reported transaction and 1 derivative row are listed below.
Filing timestamp: 07 May 2021, 17:49.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported transactions

ECL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 7,073
Date: 06 May 2021
Ownership: Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

ECL transaction Derivative

Non-Employee Director Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +1,158
Change %
Price: $0.000000
Shares after: 1,158
Date: 06 May 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,158
Exercise price: $228.06
Footnotes: F1

An asterisk next to the price means the reported price is likely invalid.

Explanation of Responses:

Id	Content
F1	The option 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.

Content

The option 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.