WHITE JAMES H 4
4 · ECOLAB INC · Filed Dec 4, 2009
Insider Transaction Report
Form 4
ECOLAB INCECL
WHITE JAMES H
Pres. EMEA Sector
Transactions
- Award
Employee Stock Option (Right to Buy)
2009-12-02+23,500→ 23,500 totalExercise: $45.66From: 2010-12-02Exp: 2019-12-02→ Common Stock (23,500 underlying)
Holdings
- 391.686(indirect: By Ecolab Savings Plan)
Common Stock
Footnotes (2)
- [F1]Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of October 31, 2008. Includes 5.531 UNITS acquired since the reporting person's last report. (The 391.686 UNITS are the equivalent of approximtely 732 shares of the issuer's Common Stock.)
- [F2]The option will be 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; provided, however, that if a Change in Control (as that term is defined in the 2005 Ecolab Inc. Stock Incentive Plan) will occur, then the option, if it has been outstanding for at least six months from the date of grant, will become immediately exercisable in full.