| Accession Number: | 0001179110-18-011219 |
| Date: | 2018-09-06 |
| Issuer: | ECOLAB INC. (ECL) |
| Original Submission Date: |
MULHERE TIMOTHY P
1 ECOLAB PLACE
SAINT PAUL, MN 55102
| Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
|---|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | 2018-09-06 | M | 9,800 | a | $45.67 | 29,482 | direct | ||
| COMMON STOCK | 2018-09-06 | S | 9,800 | d | $152.59 | 19,682 | direct | ||
| COMMON STOCK | 2018-09-06 | 0 | $0.00 | 1,843 | indirect |
| Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EMPLOYEE STOCK OPTION (RIGHT TO BUY) | 45.665 | 2018-09-06 | deemed execution date | M | 9,800 (d) | 2010-12-02 | 2019-12-02 | common stock 9,800 | $45.67 | 0 | direct |
| ID | footnote |
|---|---|
| f1 | this transaction was executed in multiple trades at prices ranging from $152.50 to $152.81, 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. |
| f2 | number of units in the ecolab stock fund of the ecolab savings plan (401(k) plan) as of august 31, 2018. includes 10.330 units acquired since the reporting person's last report. (the 1,842.726 units are the equivalent of approximately 3,385 shares of the issuer's common stock. |
| f3 | 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. the date listed in the "date exercisable" column represents the first anniversary date of the date of grant. |
