Christophe Beck - Aug 2, 2021 Form 4 Insider Report for ECOLAB INC. (ECL)

Signature
/s/ David F. Duvick, as Attorney-in-Fact for Christophe Beck
Stock symbol
ECL
Transactions as of
Aug 2, 2021
Transactions value $
-$5,833,619
Form type
4
Date filed
8/4/2021, 04:48 PM
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise $2.33M +32.6K +67.77% $71.54 80.7K Aug 2, 2021 Direct
transaction ECL Common Stock Sale -$4.14M -18.9K -23.42% $218.95 61.8K Aug 2, 2021 Direct F1, F2
transaction ECL Common Stock Sale -$1.67M -7.61K -12.32% $219.81 54.2K Aug 2, 2021 Direct F1, F3
transaction ECL Common Stock Sale -$22K -100 -0.18% $220.39 54.1K Aug 2, 2021 Direct F1
holding ECL Common Stock 1.29K Aug 2, 2021 By Ecolab Savings Plan F4

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 -$2.33M -32.6K -100% $71.54 0 Aug 2, 2021 Common Stock 32.6K $71.54 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total number of shares sold by the reporting person of 26,613 is the sum of (a) the "sell-to-cover amount" (i.e., amount required to be sold to cover the option exercise price and withholding taxes) related to an employee stock option exercise and (b) one-half of the shares available after the sell-to-cover transaction, with the reporting person retaining the remaining 5,987 shares from his option exercise.
F2 This transaction was executed in multiple trades at prices ranging from $218.350 to $219.340, 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.
F3 This transaction was executed in multiple trades at prices ranging from $219.360 to $220.350, 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.
F4 Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of July 31, 2021. Includes 41.579 UNITS acquired since the reporting person's last report. (The 1,288.399 UNITS are the equivalent of approximately 2,362 SHARES of the issuer's Common Stock.)
F5 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 grant.