Darrell R. Brown - 02 May 2022 Form 4 Insider Report for ECOLAB INC. (ECL)

Role
EVP & PRES - GLOBAL INDUSTRIAL
Signature
/s/ David F. Duvick, as Attorney-in-Fact for Darrell R. Brown
Issuer symbol
ECL
Transactions as of
02 May 2022
Net transactions value
-$1,249,392
Form type
4
Filing time
04 May 2022, 19:03:51 UTC
Previous filing
25 Feb 2022
Next filing
09 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise $0 +14,400 +129% $0.000000 25,574 02 May 2022 Direct F1
transaction ECL Common Stock Tax liability $1,042,703 -6,267 -25% $166.38 19,307 02 May 2022 Direct F2
transaction ECL Common Stock Options Exercise $0 +2,800 +15% $0.000000 22,107 03 May 2022 Direct F3
transaction ECL Common Stock Tax liability $206,689 -1,241 -5.6% $166.55 20,866 03 May 2022 Direct F2

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 Restricted Stock Units Options Exercise $0 -14,400 -100% $0.000000* 0 02 May 2022 Common Stock 14,400 Direct F1
transaction ECL Restricted Stock Units Options Exercise $0 -2,800 -100% $0.000000* 0 03 May 2022 Common Stock 2,800 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 2, 2018, the reporting person was granted 14,400 restricted stock units vesting as to 100% of the units on the fourth anniversary of the date of grant, subject to continued employment. The restricted stock units converted into common stock on a one-for-one basis.
F2 Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of restricted stock units in accordance with Rule 16b-3.
F3 On May 3, 2017, the reporting person was granted 2,800 restricted stock units vesting as to 100% of the units on the fifth anniversary of the date of grant, subject to continued employment. The restricted stock units converted into common stock on a one-for-one basis.