Christophe Beck - Dec 1, 2021 Form 4 Insider Report for ECOLAB INC. (ECL)

Role: PRESIDENT & CEO, Director
Signature: /s/ David F. Duvick, Attorney-in-Fact for Christophe Beck
Stock symbol: ECL
Transactions as of: Dec 1, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/3/2021, 03:35 PM
Previous filing: Aug 4, 2021
Next filing: Feb 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ECL	Common Stock						54.1K	Dec 1, 2021	Direct
holding	ECL	Common Stock						1.29K	Dec 1, 2021	By Ecolab Savings Plan	F1

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)	Award	$0	+60.2K		$0.00	60.2K	Dec 1, 2021	Common Stock	60.2K	$223.78	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of November 30, 2021. Includes 2.780 UNITS acquired since the reporting person's last report. (The 1,291.179 UNITS are the equivalent of approximately 2,366 SHARES of the issuer's Common Stock.)
F2	Option granted under the Ecolab Inc. 2010 Stock Incentive Plan. The option becomes 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.

Content

Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of November 30, 2021. Includes 2.780 UNITS acquired since the reporting person's last report. (The 1,291.179 UNITS are the equivalent of approximately 2,366 SHARES of the issuer's Common Stock.)

Option granted under the Ecolab Inc. 2010 Stock Incentive Plan. The option becomes 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.