Gergely Sved - May 6, 2023 Form 4 Insider Report for ECOLAB INC. (ECL)

Role
EVP & PRES - HC & LIFE SCI
Signature
/s/ David F. Duvick, as Attorney-in-Fact for Gergely Sved
Stock symbol
ECL
Transactions as of
May 6, 2023
Transactions value $
-$181,555
Form type
4
Date filed
5/9/2023, 05:03 PM
Previous filing
Mar 3, 2023
Next filing
Dec 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise +1.86K +542.4% 2.2K May 6, 2023 Direct F1
transaction ECL Common Stock Tax liability -$182K -1.05K -47.56% $173.74 1.15K May 6, 2023 Direct 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 Restricted Stock Units Options Exercise -1.86K -100% 0 May 6, 2023 Common Stock 1.86K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 6, 2020, the reporting person was granted 1,855 restricted stock units vesting as to 100% of the units on the third anniversary of the date of grant, subject to continued employment. The restricted stock units converted into common stock on a one-for-one basis.
F2 Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of restricted stock units in accordance with Rule 16b-3.