Scott D. Kirkland - May 13, 2021 Form 4 Insider Report for ECOLAB INC. (ECL)

Role: SVP & CORPORATE CONTROLLER
Signature: /s/ David F. Duvick, as Attorney-in-Fact for Scott D. Kirkland
Stock symbol: ECL
Transactions as of: May 13, 2021
Transactions value $: $174,175
Form type: 4
Date filed: 5/17/2021, 04:46 PM
Next filing: Aug 5, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECL	Common Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$174K	+429	+66.13%	$406.02	1.08K	May 13, 2021	By Ecolab Savings Plan	F1
holding	ECL	Common Stock						3.32K	May 13, 2021	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an intra-plan transfer of 428.982 UNITS into the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) at a price of $406.02 per UNIT. This is equivalent to the acquisition of approximately 786 shares of the Issuer's Common Stock at a price of $221.48 per share. The 1,077.686 UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan following this transaction includes 8.436 UNITS acquired since the reporting person's last report. (The 1,077.686 UNITS are the equivalent of approximately 1,976 SHARES of the issuer's Common Stock.)

Content

Represents an intra-plan transfer of 428.982 UNITS into the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) at a price of $406.02 per UNIT. This is equivalent to the acquisition of approximately 786 shares of the Issuer's Common Stock at a price of $221.48 per share. The 1,077.686 UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan following this transaction includes 8.436 UNITS acquired since the reporting person's last report. (The 1,077.686 UNITS are the equivalent of approximately 1,976 SHARES of the issuer's Common Stock.)