Gregory B. Cook - Mar 1, 2024 Form 4 Insider Report for ECOLAB INC. (ECL)

Role
EVP & PRES - INST GROUP
Signature
/s/ David F. Duvick, as Attorney-in-Fact for Gregory B. Cook
Stock symbol
ECL
Transactions as of
Mar 1, 2024
Transactions value $
-$227,181
Form type
4
Date filed
3/5/2024, 04:58 PM
Previous filing
Feb 27, 2024
Next filing
Aug 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ECL Common Stock Options Exercise $179K +1.5K +19.86% $119.12 9.05K Feb 1, 2024 Direct F1
transaction ECL Common Stock Tax liability -$227K -1.01K -11.18% $224.49 8.04K Feb 1, 2024 Direct F2
holding ECL Common Stock 3.36K Mar 1, 2024 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 Employee Stock Option (Right to Buy) Options Exercise -$179K -1.5K -48.76% $119.12 1.58K Mar 1, 2024 Common Stock 1.5K $119.12 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total includes 18.901 shares resulting from automatic dividend reinvestment in transactions exempt pursuant to Rule 16a-11 under Section 16 of the Securities Exchange Act of 1934.
F2 Reflects the reporting person's payment of the exercise price and withholding taxes for a stock option issued in accordance with Rule 16 6-3 by withholding shares of Ecolab common stock.
F3 Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of February 29, 2024. Includes 10.673 UNITS acquired since the reporting person's last report. (The 3,357.159 UNITS are the equivalent of approximately 6,163 shares of the issuer's Common Stock.)
F4 Option granted under the Ecolab Inc. 2010 Stock Incentive Plan. 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 is the first anniversary of the date of grant.