Michael Larson - Apr 20, 2022 Form 4 Insider Report for ECOLAB INC. (ECL)

Role
Director
Signature
/s/ David F. Duvick, as Attorney-in-Fact for Michael Larson
Stock symbol
ECL
Transactions as of
Apr 20, 2022
Transactions value $
$158
Form type
4
Date filed
4/22/2022, 05:24 PM
Previous filing
Apr 18, 2022
Next filing
May 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise $44.8K +700 +9.08% $64.00 8.41K Apr 20, 2022 Direct
transaction ECL Common Stock Tax liability -$44.7K -245 -2.91% $182.40 8.17K Apr 20, 2022 Direct F1
transaction ECL Common Stock Options Exercise $243K +3.8K +46.53% $64.00 12K Apr 20, 2022 Direct
transaction ECL Common Stock Tax liability -$243K -1.33K -11.14% $182.40 10.6K Apr 20, 2022 Direct 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 Non-Employee Director Stock Option (Right to Buy) Options Exercise $0 -700 -100% $0.00* 0 Apr 20, 2022 Common Stock 700 $64.00 Direct F2
transaction ECL Non-Employee Stock Option (Right to Buy) Options Exercise $0 -3.8K -100% $0.00* 0 Apr 20, 2022 Common Stock 3.8K $64.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the reporting person's payment of the exercise price for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock.
F2 The option became exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant and as to the remaining shares on the last day of the fourth three-month period following its date of grant. The date listed in the "Date Exercisable" column represents the first vesting date.