Michael C. McCormick - 15 Aug 2022 Form 4 Insider Report for ECOLAB INC. (ECL)

Role: EVP CORPORATE AFFAIRS
Signature: /s/ David F. Duvick, as Attorney-in-Fact for Michael C. McCormick, Attorney-in-Fact
Issuer symbol: ECL
Transactions as of: 15 Aug 2022
Net transactions value: -$525,000
Form type: 4
Filing time: 17 Aug 2022, 17:23:20 UTC
Previous filing: 09 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ECL	Common Stock	Sale	$525,000	-3,000	-6%	$175.00	47,067	15 Aug 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2022.
F2	On February 25, 2022, the reporting person filed a Form 4 reporting the payment of minimum statutory tax obligations incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3 by withholding 1,018 shares of Ecolab Common Stock. It was later determined that the number of shares withheld was overcounted by 7 shares as a total of 1,011 shares were actually withheld. Accordingly, 7 shares have been added to the reporting person's end of period holdings.

Content

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2022.

On February 25, 2022, the reporting person filed a Form 4 reporting the payment of minimum statutory tax obligations incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3 by withholding 1,018 shares of Ecolab Common Stock. It was later determined that the number of shares withheld was overcounted by 7 shares as a total of 1,011 shares were actually withheld. Accordingly, 7 shares have been added to the reporting person's end of period holdings.