Michael Larson - 05 Apr 2023 Form 4 Insider Report for ECOLAB INC. (ECL)

Reporting relationship: Director
Issuer ticker: ECL
Reported as of: 05 Apr 2023
Net transaction value: -$269,525
SEC form: 4
Accepted by SEC: 07 Apr 2023, 18:09:14 UTC
Prior SEC filing: 04 Apr 2023
Next SEC filing: 17 Apr 2023
Source filing: View source filing
Reporting owner signature: /s/ David F. Duvick, as Attorney-in-Fact for Michael Larson

Key filing fact

Michael Larson filed Form 4 for ECOLAB INC. (ECL) on 07 Apr 2023.

Key facts

This page summarizes Michael Larson's Form 4 filing for ECOLAB INC. (ECL).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 07 Apr 2023, 18:09.

Change

Previous filing in this sequence was filed on 04 Apr 2023.
Current net transaction value: -$269,525.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ECL transaction

Common Stock

Options Exercise

Transaction value: $269,648
Shares: +3,200
Change %: +28%
Price: $84.26
Shares after: 14,760
Date: 05 Apr 2023
Ownership: Direct

ECL transaction

Common Stock

Tax liability

Transaction value: $269,525
Shares: -1,632
Change %: -11%
Price: $165.15
Shares after: 13,128
Date: 05 Apr 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ECL transaction Derivative

Non-Employee Stock Option (Right to Buy)

Options Exercise

Transaction value: $269,648
Shares: -3,200
Change %: -100%
Price: $84.26
Shares after: 0
Date: 05 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,200
Exercise price: $84.26
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Reflects the reporting person's payment of the exercise price for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock.

Footnote F2

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. The date listed in the "Date Exercisable" column represents the first vesting date.