Larry L. Berger - Dec 7, 2022 Form 4 Insider Report for ECOLAB INC. (ECL)

Role
EVP & CHIEF TECHNICAL OFFICER
Signature
/s/ David F. Duvick, as Attorney-in-Fact for Larry L. Berger
Stock symbol
ECL
Transactions as of
Dec 7, 2022
Transactions value $
$0
Form type
4
Date filed
12/9/2022, 04:07 PM
Previous filing
Apr 29, 2022
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ECL Common Stock 15.2K Dec 7, 2022 Direct F1
holding ECL Common Stock 73.6 Dec 7, 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) Award $0 +19.4K $0.00 19.4K Dec 7, 2022 Common Stock 19.4K $148.50 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 820 shares of Ecolab Common Stock. It was later determined that the number of shares withheld was overcounted by 7 shares as a total of 813 shares were actually withheld. Accordingly, 7 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 November 30, 2022. Includes 0.702 UNITS acquired since the reporting person's last report. (The 73.561 UNITS are the equivalent of approximately 136 SHARES of the issuer's Common Stock.)
F3 The option will be 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 shares on the third anniversary of the date of grant. The date listed in the "Date Exercisable" column is the first anniversary of the date of grant.