Michael C. McCormick - Aug 15, 2022 Form 4 Insider Report for ECOLAB INC. (ECL)

Role: EVP CORPORATE AFFAIRS
Signature: /s/ David F. Duvick, as Attorney-in-Fact for Michael C. McCormick, Attorney-in-Fact
Stock symbol: ECL
Transactions as of: Aug 15, 2022
Transactions value $: -$525,000
Form type: 4
Date filed: 8/17/2022, 05:23 PM
Previous filing: Jun 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECL	Common Stock	Sale	-$525K	-3K	-5.99%	$175.00	47.1K	Aug 15, 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2022.
F2	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 1,018 shares of Ecolab Common Stock. It was later determined that the number of shares withheld was overcounted by 7 shares as a total of 1,011 shares were actually withheld. Accordingly, 7 shares have been added to the reporting person's end of period holdings.

Content

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2022.

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 1,018 shares of Ecolab Common Stock. It was later determined that the number of shares withheld was overcounted by 7 shares as a total of 1,011 shares were actually withheld. Accordingly, 7 shares have been added to the reporting person's end of period holdings.