Busch Angela M 4
4 · ECOLAB INC. · Filed Feb 27, 2024
Insider Transaction Report
Form 4
ECOLAB INC.ECL
Busch Angela M
SVP - Corporate Development
Transactions
- Exercise/Conversion
Common Stock
2024-02-25+2,345→ 15,882 total - Tax Payment
Common Stock
2024-02-25$220.46/sh−728$160,495→ 15,154 total - Exercise/Conversion
Restricted Stock Units
2024-02-25−2,345→ 2,345 totalFrom: 2024-02-25Exp: 2025-02-25→ Common Stock (2,345 underlying)
Footnotes (2)
- [F1]Represents the third (out of four) vesting of units from the grant of 9,379 restricted stock units made on February 25, 2021. The vesting schedule for the grant provided for the units to vest, subject to continued employment, as to one-fourth of the units (excluding any fractional portion less than one unit), on each of the first, second and third anniversaries of the date of grant and as to the remaining units on the fourth anniversary of the date of grant. 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.