Scott D. Kirkland - 03 Dec 2023 Form 4 Insider Report for ECOLAB INC. (ECL)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ David F. Duvick, as Attorney-in-Fact for Scott D. Kirkland
Issuer symbol
ECL
Transactions as of
03 Dec 2023
Net transactions value
-$146,030
Form type
4
Filing time
05 Dec 2023, 17:38:32 UTC
Previous filing
22 Jun 2023
Next filing
08 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise $0 +2,482 +50% $0.000000 7,489 03 Dec 2023 Direct F1
transaction ECL Common Stock Tax liability $146,030 -760 -10% $192.14 6,729 03 Dec 2023 Direct F2
holding ECL Common Stock 1,353 03 Dec 2023 By Ecolab Savings Plan F3

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 $0 -2,482 -100% $0.000000* 0 03 Dec 2023 Common Stock 2,482 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Ecolab Inc. common stock.
F2 Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3.
F3 Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of November 30, 2023. Includes 8.095 UNITS acquired since the reporting person's last report. (The 1,352.586 UNITS are the equivalent of approximately 2,489 SHARES of the issuer's Common Stock.)
F4 On December 3, 2020, the reporting person was granted 2,482 restricted stock units, vesting as to 100% of the units on the third anniversary of the date of grant.