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

Reporting relationship: EVP, GC & SECRETARY
Issuer ticker: ECL
Reported as of: 29 Nov 2021
Net transaction value: -$1,247,579
SEC form: 4
Accepted by SEC: 01 Dec 2021, 15:32:03 UTC
Prior SEC filing: 05 Nov 2021
Next SEC filing: 03 Dec 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 01 Dec 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: 01 Dec 2021, 15:32.

Change

Previous filing in this sequence was filed on 05 Nov 2021.
Current net transaction value: -$1,247,579.

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: $1,894,405
Shares: +13,819
Change %: +27%
Price: $137.09
Shares after: 64,640
Date: 29 Nov 2021
Ownership: Direct

ECL transaction

Common Stock

Sale

Transaction value: $3,141,985
Shares: -13,819
Change %: -21%
Price: $227.37
Shares after: 50,821
Date: 29 Nov 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: -13,819
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 29 Nov 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 13,819
Exercise price: $137.09
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

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.932 to $227.780, 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 this footnote.

Footnote F2

Option granted under the Ecolab Inc. 2010 Stock Incentive Plan. 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 option shares on the third anniversary of the date of grant. The date listed in the "Date Exercisable" column represents the first anniversary of the date of grant.