Timothy P. Mulhere - 16 Nov 2021 Form 4 Insider Report for ECOLAB INC. (ECL)

Reporting relationship: EVP & PRES - GLOBAL INST
Issuer ticker: ECL
Reported as of: 16 Nov 2021
Net transaction value: -$698,169
SEC form: 4
Accepted by SEC: 18 Nov 2021, 16:08:26 UTC
Prior SEC filing: 20 Aug 2021
Next SEC filing: 24 Nov 2021
Source filing: View source filing
Reporting owner signature: /s/ David F. Duvick, as Attorney-in-Fact for Timothy P. Mulhere

Key filing fact

Timothy P. Mulhere filed Form 4 for ECOLAB INC. (ECL) on 18 Nov 2021.

Key facts

This page summarizes Timothy P. Mulhere's Form 4 filing for ECOLAB INC. (ECL).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 18 Nov 2021, 16:08.

Change

Previous filing in this sequence was filed on 20 Aug 2021.
Current net transaction value: -$698,169.

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: $696,962
Shares: +5,920
Change %: +31%
Price: $117.73
Shares after: 24,887
Date: 16 Nov 2021
Ownership: Direct

ECL transaction

Common Stock

Sale

Transaction value: $1,395,131
Shares: -5,920
Change %: -24%
Price: $235.66
Shares after: 18,967
Date: 16 Nov 2021
Ownership: Direct
Footnotes: F1

ECL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,929
Date: 16 Nov 2021
Ownership: By Ecolab Savings Plan
Footnotes: F2

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: -5,920
Change %: -25%
Price: $0.000000
Shares after: 17,913
Date: 16 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,920
Exercise price: $117.73
Footnotes: F3

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.400 to $235.800, 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 (2) to this Form 4.

Footnote F2

Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of October 31, 2021. Includes 4.157 UNITS acquired since the reporting person's last report. (The 1,929.463 UNITS are the equivalent of approximately 3,535 SHARES of the issuer's Common Stock.)

Footnote 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.