Jennifer J. Bradway - Feb 25, 2024 Form 4 Insider Report for ECOLAB INC. (ECL)

Role
SVP & CORPORATE CONTROLLER
Signature
/s/ David F. Duvick, as Attorney-in-Fact for Jennifer J. Bradway
Stock symbol
ECL
Transactions as of
Feb 25, 2024
Transactions value $
-$12,346
Form type
4
Date filed
2/27/2024, 05:24 PM
Previous filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise +183 +5.42% 3.56K Feb 25, 2024 Direct F1
transaction ECL Common Stock Tax liability -$12.3K -56 -1.57% $220.46 3.5K Feb 25, 2024 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 $0 -183 -100% $0.00* 0 Feb 25, 2024 Common Stock 183 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 25, 2021, the reporting person was granted 183 restricted stock units, vesting as to 100% of the units on the third anniversary of the date of grant. Restricted stock units convert 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.