Suzanne M. Vautrinot - Mar 15, 2024 Form 4 Insider Report for ECOLAB INC. (ECL)

Role: Director
Signature: /s/ Corinne Lawson, as Attorney-in-Fact for Suzanne M. Vautrinot
Stock symbol: ECL
Transactions as of: Mar 15, 2024
Transactions value $: $239
Form type: 4
Date filed: 3/19/2024, 04:42 PM
Previous filing: Feb 20, 2024
Next filing: Apr 2, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECL	Common Stock	Options Exercise	$252K	+2.4K	+32.02%	$104.85	9.9K	Mar 15, 2024	Direct
transaction	ECL	Common Stock	Tax liability	-$251K	-1.12K	-11.3%	$224.89	8.78K	Mar 15, 2024	Direct	F1
transaction	ECL	Common Stock	Options Exercise	$52.4K	+500	+5.7%	$104.85	9.28K	Mar 15, 2024	Direct
transaction	ECL	Common Stock	Tax liability	-$52.4K	-233	-2.51%	$224.89	9.04K	Mar 15, 2024	Direct	F1

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	Mar 15, 2024	Common Stock	2.4K	$104.85	Direct	F2
transaction	ECL	Non-Employee Director Stock Option (Right to Buy)	Options Exercise	$0	-500	-100%	$0.00^*	0	Mar 15, 2024	Common Stock	500	$104.85	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Reflects the reporting person's payment of the exercise price for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock.
F2	The option 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

Reflects the reporting person's payment of the exercise price for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock.

The option 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.