ECOLAB INC. 4
4 · ECOLAB INC. · Filed May 6, 2016
Insider Transaction Report
Form 4
ECOLAB INC.ECL
LEVIN JERRY W
Director
Transactions
- Award
Non-Employee Director Stock Option (Right to Buy)
2016-05-05+2,300→ 2,300 totalExercise: $115.08From: 2016-08-05Exp: 2026-05-05→ Common Stock (2,300 underlying)
Holdings
- 31,606.96
Common Stock
Footnotes (1)
- [F1]The option will become 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; provided, however, that if a Change in Control of the Company (as that term is defined in the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan) will occur, then the option will become immediately exercisable in full.