Angela M. Busch - Aug 15, 2022 Form 4 Insider Report for ECOLAB INC. (ECL)

Role
EVP - CORP STRAT & BUS DEV
Signature
/s/ David F. Duvick, as Attorney-in-Fact for Angela M. Busch, Attorney-in-Fact
Stock symbol
ECL
Transactions as of
Aug 15, 2022
Transactions value $
-$261,750
Form type
4
Date filed
8/17/2022, 05:19 PM
Previous filing
May 5, 2022
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise $179K +2.5K +14.96% $71.54 19.2K Aug 15, 2022 Direct F1
transaction ECL Common Stock Sale -$441K -2.5K -13.01% $176.24 16.7K Aug 15, 2022 Direct
holding ECL Common Stock 1.44K Aug 15, 2022 By Ecolab Savings Plan 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 Employee Stock Option (Right to Buy) Options Exercise $0 -2.5K -52.08% $0.00 2.3K Aug 15, 2022 Common Stock 2.5K $71.54 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 25, 2022, the reporting person filed a Form 4 reporting the payment of minimum statutory tax obligations incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3 by withholding 622 shares of Ecolab Common Stock. It was later determined that the number of shares withheld was overcounted by 6 shares as a total of 616 shares were actually withheld. Accordingly, 6 shares have been added to the reporting person's end of period holdings.
F2 Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of July 31, 2022. Includes 35.473 UNITS acquired since the reporting person's last report. (The 1,439.743 UNITS are the equivalent of approximately 2,648 SHARES of the issuer's Common Stock.)
F3 Option granted under the Ecolab Inc. 2010 Stock Incentive Plan. The option became 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.