Darrell R. Brown - May 2, 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
Stock symbol
ECL
Transactions as of
May 2, 2022
Transactions value $
-$1,249,392
Form type
4
Date filed
5/4/2022, 07:03 PM
Previous filing
Feb 25, 2022
Next filing
Dec 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise $0 +14.4K +128.87% $0.00 25.6K May 2, 2022 Direct F1
transaction ECL Common Stock Tax liability -$1.04M -6.27K -24.51% $166.38 19.3K May 2, 2022 Direct F2
transaction ECL Common Stock Options Exercise $0 +2.8K +14.5% $0.00 22.1K May 3, 2022 Direct F3
transaction ECL Common Stock Tax liability -$207K -1.24K -5.61% $166.55 20.9K May 3, 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 -14.4K -100% $0.00* 0 May 2, 2022 Common Stock 14.4K Direct F1
transaction ECL Restricted Stock Units Options Exercise $0 -2.8K -100% $0.00* 0 May 3, 2022 Common Stock 2.8K 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.