Taylor Stephen M 4
4 · ECOLAB INC. · Filed Dec 7, 2017
Insider Transaction Report
Form 4
ECOLAB INC.ECL
Taylor Stephen M
EVP and Pres. - Global Energy
Transactions
- Exercise/Conversion
Common Stock
2017-12-05+5,385→ 49,851 total - Tax Payment
Common Stock
2017-12-05$137.53/sh−2,053$282,343→ 47,798 total - Exercise/Conversion
Restricted Stock Units
2017-12-05−5,385→ 0 total→ Common Stock (5,385 underlying)
Footnotes (3)
- [F1]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.
- [F3]On December 5, 2012, the reporting person was granted 21,540 restricted stock units, vesting as to 50% of the units on the third anniversary of the date of grant, 25% of the units on the fourth anniversary of the date of grant and 25% of the units on the fifth anniversary of the date of grant, subject to continued employment.