Marsh Laurie M 4
4 · ECOLAB INC. · Filed Aug 4, 2023
Insider Transaction Report
Form 4
ECOLAB INC.ECL
Marsh Laurie M
Senior VP - Human Resources
Transactions
- Exercise/Conversion
Common Stock
2023-08-03+4,305→ 21,955 total - Tax Payment
Common Stock
2023-08-03$183.11/sh−1,417$259,467→ 20,538 total - Exercise/Conversion
Restricted Stock Units
2023-08-03−4,305→ 8,610 totalFrom: 2023-08-03Exp: 2025-08-03→ Common Stock (4,305 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 first (out of three) vesting of units from the grant of 12,915 restricted stock units made on August 3, 2022. The vesting schedule for the grant provided for the units to vest, subject to continued employment, as to one-third of the units (excluding any fractional portion less than one unit), on each of the first and second anniversaries of the date of grant and as to the remaining units on the third anniversary of the date of grant. Restricted stock units convert into common stock on a one-for-one basis.