Michael C. McCormick - 29 Jul 2021 Form 4 Insider Report for ECOLAB INC. (ECL)

Reporting relationship: EVP, GC & SECRETARY
Issuer ticker: ECL
Reported as of: 29 Jul 2021
Net transaction value: -$1,015,591
SEC form: 4
Accepted by SEC: 30 Jul 2021, 16:02:37 UTC
Next SEC filing: 05 Nov 2021
Source filing: View source filing
Reporting owner signature: /s/ David F. Duvick, as Attorney-in-Fact for Michael C. McCormick

Key filing fact

Michael C. McCormick filed Form 4 for ECOLAB INC. (ECL) on 30 Jul 2021.

Key facts

This page summarizes Michael C. McCormick's Form 4 filing for ECOLAB INC. (ECL).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 30 Jul 2021, 16:02.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$1,015,591.

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.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ECL transaction

Common Stock

Options Exercise

Transaction value: $1,169,059
Shares: +9,930
Change %: +18%
Price: $117.73
Shares after: 63,641
Date: 29 Jul 2021
Ownership: Direct

ECL transaction

Common Stock

Sale

Transaction value: $2,184,650
Shares: -9,930
Change %: -16%
Price: $220.00
Shares after: 53,711
Date: 29 Jul 2021
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ECL transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -9,930
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 29 Jul 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 9,930
Exercise price: $117.73
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

This transaction was executed in multiple trades at prices ranging from $220.000 to $220.075, 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.

Footnote F2

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 listed in the "Date Exercisable" column represents the first anniversary date of the date of grant.