Douglas M. Baker Jr - Sep 14, 2021 Form 4 Insider Report for ECOLAB INC. (ECL)

Signature
/s/ David F. Duvick, Attorney-in-Fact for Douglas M. Baker, Jr.
Stock symbol
ECL
Transactions as of
Sep 14, 2021
Transactions value $
-$18,068,000
Form type
4
Date filed
9/15/2021, 04:47 PM
Next filing
Jan 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise $20.6M +173K +27.73% $119.12 797K Sep 14, 2021 Direct
transaction ECL Common Stock Sale -$38.6M -173K -21.69% $223.54 624K Sep 14, 2021 Direct F1
transaction ECL Common Stock Sale -$32.3K -144 -0.02% $224.23 624K Sep 14, 2021 Direct F2
holding ECL Common Stock 7.05K Sep 14, 2021 By Spouse
holding ECL Common Stock 72.9K Sep 14, 2021 By Julie M. Baker 2012 Revocable Trust
holding ECL Common Stock 72.5K Sep 14, 2021 By Douglas M. Baker, Jr. 2012 Irrevocable Trust
holding ECL Common Stock 5.73K Sep 14, 2021 By Ecolab Savings Plan F3

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 -173K -100% $0.00* 0 Sep 14, 2021 Common Stock 173K $119.12 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $223.215 to $224.210, 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.
F2 This transaction was executed in multiple trades at prices ranging from $224.215 to $224.240, 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 Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of August 31, 2021. Includes 24.986 UNITS acquired since the reporting person's last report. (The 5,731.786 UNITS are the equivalent of approximately 10,506 SHARES of the issuer's Common Stock.)
F4 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.