Higgins Arthur J - Jun 13, 2023 Form 4 Insider Report for ECOLAB INC. (ECL)

Role: Director
Signature: /s/ David F. Duvick, as Attorney-in-Fact for Arthur J. Higgins
Stock symbol: ECL
Transactions as of: Jun 13, 2023
Transactions value $: -$183,552
Form type: 4
Date filed: 6/15/2023, 04:36 PM
Previous filing: May 16, 2023
Next filing: Jul 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECL	Common Stock	Options Exercise	$252K	+2.4K	+10.01%	$104.85	26.4K	Jun 13, 2023	Direct
transaction	ECL	Common Stock	Sale	-$435K	-2.4K	-9.1%	$181.33	24K	Jun 13, 2023	Direct

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	Non-Employee Director Stock Option (Right to Buy)	Options Exercise	$0	-2.4K	-100%	$0.00^*	0	Jun 13, 2023	Common Stock	2.4K	$104.85	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The option was granted on May 8, 2014. It 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

The option was granted on May 8, 2014. It 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.