Larry L. Berger - Jun 16, 2023 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
Jun 16, 2023
Transactions value $
-$1,120,559
Form type
4
Date filed
6/16/2023, 05:44 PM
Previous filing
May 8, 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 $929K +7.89K +63.41% $117.73 20.3K Jun 16, 2023 Direct
transaction ECL Common Stock Options Exercise $1.89M +13.8K +67.97% $137.09 34.2K Jun 16, 2023 Direct
transaction ECL Common Stock Sale -$3.94M -21.7K -63.57% $181.67 12.4K Jun 16, 2023 Direct F1
holding ECL Common Stock 74 Jun 16, 2023 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) Options Exercise $0 -7.89K -100% $0.00* 0 Jun 16, 2023 Common Stock 7.89K $117.73 Direct F3
transaction ECL Employee Stock Option (Right to Buy) Options Exercise $0 -13.8K -100% $0.00* 0 Jun 16, 2023 Common Stock 13.8K $137.09 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $181.500 to $182.075, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of May 31, 2023. Includes 0.236 UNITS acquired since the reporting person's last report. (The 74.049 UNITS are the equivalent of approximately 136 SHARES of the issuer's Common Stock.)
F3 The option became 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 represents the first anniversary date of the grant.
F4 The option became 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 represents the first anniversary date of the grant.