Duijser Machiel 4
4 · ECOLAB INC. · Filed Feb 28, 2023
Insider Transaction Report
Form 4
ECOLAB INC.ECL
Duijser Machiel
EVP & CSCO
Transactions
- Exercise/Conversion
Common Stock
2023-02-26+4,203→ 8,702 total - Tax Payment
Common Stock
2023-02-26$157.28/sh−1,303$204,942→ 7,399 total - Exercise/Conversion
Restricted Stock Units
2023-02-26−4,203→ 0 totalFrom: 2021-02-26Exp: 2023-02-26→ Common Stock (4,203 underlying)
Footnotes (2)
- [F1]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.
- [F2]Represents the third (out of three) vesting of units from the grant of 12,608 restricted stock units made on February 26, 2020. The vesting schedule for the grant provided for the units to vest, subject to the reporting person's continued employment, as to one-third of the grant amount (excluding any factional 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. Restricted stock units convert into common stock on a one-for-one basis.