HIGGINS ARTHUR J - 01 Aug 2022 Form 4 Insider Report for ECOLAB INC. (ECL)

Role: Director
Signature: /s/ David F. Duvick, as Attorney-in-Fact for Arthur J. Higgins
Issuer symbol: ECL
Transactions as of: 01 Aug 2022
Net transactions value: -$263,920
Form type: 4
Filing time: 03 Aug 2022, 16:46:44 UTC
Previous filing: 05 Jul 2022
Next filing: 04 Oct 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	$269,648	+3,200	+14%	$84.26	25,730	01 Aug 2022	Direct
transaction	ECL	Common Stock	Sale	$533,568	-3,200	-12%	$166.74	22,530	01 Aug 2022	Direct

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	-3,200	-100%	$0.000000^*	0	01 Aug 2022	Common Stock	3,200	$84.26	Direct	F1

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

Explanation of Responses:

Id	Content
F1	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.