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

Role: Director
Signature: /s/ David F. Duvick, as Attorney-in-Fact for Michael Larson
Issuer symbol: ECL
Transactions as of: 05 Apr 2023
Net transactions value: -$269,525
Form type: 4
Filing time: 07 Apr 2023, 18:09:14 UTC
Previous filing: 04 Apr 2023
Next filing: 17 Apr 2023
SEC: View on sec.gov

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.
Filing timestamp: 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.

See Original Filing

Transactions Table

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

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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

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

Explanation of Responses:

Id	Content
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.
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.

Content

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.

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.