Timothy P. Mulhere - May 7, 2021 Form 4 Insider Report for ECOLAB INC. (ECL)

Role
EVP & PRES - GLOBAL INST
Signature
/s/ David F. Duvick, as Attorney-in-Fact for Timothy P. Mulhere
Stock symbol
ECL
Transactions as of
May 7, 2021
Transactions value $
-$2,950,836
Form type
4
Date filed
5/11/2021, 04:32 PM
Next filing
Aug 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise $2.64M +24.5K +129.02% $107.69 43.4K May 7, 2021 Direct
transaction ECL Common Stock Sale -$5.59M -24.5K -56.33% $228.27 19K May 7, 2021 Direct F1
holding ECL Common Stock 1.92K May 7, 2021 By Ecolab Savings Plan F2

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ECL Employee Stock Option (Right to Buy) Options Exercise $0 -24.5K -100% $0.00* 0 May 7, 2021 Common Stock 24.5K $107.69 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $228.20 to $228.63, inclusive. The reporting person undertakes to provide to Ecolab Inc., any security holder of Ecolab Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.
F2 Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of April 30, 2021. Includes 8.871 UNITS acquired since the reporting person's last report. (The 1,918.619 UNITS are the equivalent of approximately 3,517 SHARES of the issuer's Common Stock.)
F3 The option became 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 reflected in the Date Exercisable column is the first anniversary of the date of grant.