4//SEC Filing
Inchaustegui Roberto 4
Accession 0001179110-20-002167
CIK 0000031462other
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 7:50 PM ET
Size
22.0 KB
Accession
0001179110-20-002167
Insider Transaction Report
Form 4
ECOLAB INC.ECL
Inchaustegui Roberto
EVP-Global Specialty Sector
Transactions
- Sale
Common Stock
2020-02-20$206.18/sh−1,766$364,109→ 42,078 total - Sale
Common Stock
2020-02-20$209.20/sh−7,688$1,608,322→ 26,794 total - Sale
Common Stock
2020-02-20$210.51/sh−1,240$261,032→ 25,554 total - Sale
Common Stock
2020-02-20$208.17/sh−7,596$1,581,290→ 34,482 total - Tax Payment
Common Stock
2020-02-21$207.21/sh−3,287$681,099→ 29,579 total - Discretionary Transaction
Common Stock
2020-02-21$380.22/sh−808.16$307,279→ 846.21 total(indirect: By Ecolab Savings Plan) - Exercise/Conversion
Restricted Stock Units
2020-02-21−7,312→ 0 total→ Common Stock (7,312 underlying) - Exercise/Conversion
Common Stock
2020-02-20$103.27/sh+18,290$1,888,717→ 43,844 total - Award
Common Stock
2020-02-21+7,312→ 32,866 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2020-02-20−18,290→ 0 totalExercise: $103.27From: 2014-12-04Exp: 2023-12-04→ Common Stock (18,290 underlying)
Footnotes (9)
- [F1]The total reported in Column 5 has been adjusted to correct an overstatement of total holdings by 25,880 shares first reflected in a Form 4 filed on March 8, 2019.
- [F2]The shares were sold in multiple trades at prices ranging from $206.110 to $206.215, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F3]The shares were sold in multiple trades at prices ranging from $208.000 to $208.740, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]The shares were sold in multiple trades at prices ranging from $209.040 to $209.520, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F5]The shares were sold in multiple trades at prices ranging from $210.495 to $210.575, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F6]On February 21, 2018, the reporting person was granted 7,312 restricted stock units, vesting as of 100% of the units on the second anniversary of the date of grant. The restricted stock units convert into common stock on a one-for-one basis.
- [F7]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.
- [F8]Represents and intra-plan transfer of 808.16 UNITS from the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) at a price of $378.06 per UNIT. This is the equivalent of approximately 1,481 shares of the Issuer's Common Stock at a price of $207.50 per share. The Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan remaining as of February 21, 2020 includes 4.009 UNITS acquired since the reporting person's last report.(The 846.210 UNITS remaining are the equivalent of approximately 1,551 SHARES of the issuer's Common Stock.)
- [F9]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.
Documents
Issuer
ECOLAB INC.
CIK 0000031462
Entity typeother
Related Parties
1- filerCIK 0001520218
Filing Metadata
- Form type
- 4
- Filed
- Feb 23, 7:00 PM ET
- Accepted
- Feb 24, 7:50 PM ET
- Size
- 22.0 KB