[Form 4] ECOLAB INC. Insider Trading Activity
Rhea-AI Filing Summary
Ecolab Inc. director Lionel L. Nowell III reported a routine compensation-related equity award. He received 732 Non-Employee Director stock options, each giving the right to buy one share of common stock at an exercise price of $247.70 and expiring on May 15, 2036.
The options vest in four steps: 25% on each of the last days of the first three three‑month periods after the grant, with the remaining shares vesting on the earlier of the last day of the fourth three‑month period or the company’s next annual meeting. The footnote states all options become fully exercisable if a defined Change in Control occurs. Following these updates, Nowell directly holds 6,625.38 shares of Ecolab common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Employee Director Stock Option (Right to Buy) | 732 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The option will become exercisable, on a cumulative basis, as to 25% of the option shares (excluding any fractional portion less than one share), on the last day of each of the first, second and third three-month periods following its date of grant and as to the remaining shares on the earlier of the last day of the fourth three-month period following its date of grant or the company's next annual meeting date; provided, however, that if a Change in Control of the Company (as that term is defined in the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan) will occur, then the option will become immediately exercisable in full. The date listed in the Date Exercisable column represents the first vesting date.
Key Figures
Key Terms
Non-Employee Director Stock Option financial
Change in Control financial
Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan financial
Date Exercisable financial
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