Ecolab director granted 732 stock options
Ecolab Inc. director John J. Zillmer reported a new grant of non-employee director stock options.
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Form Type
4
Rhea-AI Filing Summary
Ecolab Inc. director John J. Zillmer reported a new grant of non-employee director stock options. He received 732 options for Common Stock at an exercise price of $247.70 per share, expiring on May 15, 2036.
The options vest in stages: 25% of the shares at the end of each of the first three three‑month periods after the grant date, with the remaining shares vesting on the earlier of the end of the fourth three‑month period or the company’s next annual meeting. After this filing, he directly holds 49,191.86 Common shares and 732 options.
Insider Trade Summary
Grant/Award: 732 shares
Grant/Award
2 txns
Insider
ZILLMER JOHN J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Employee Director Stock Option (Right to Buy) | 732 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Employee Director Stock Option (Right to Buy) — 732 contracts (Direct);
Common Stock — 49,191.86 shares (Direct)
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
Director option grant: 732 options
Exercise price: $247.70 per share
Expiration date: May 15, 2036
+3 more
6 metrics
Director option grant
732 options
Non-Employee Director Stock Option grant to John J. Zillmer
Exercise price
$247.70 per share
Strike price for the director stock options
Expiration date
May 15, 2036
Option expiration for this grant
Common shares held
49,191.86 shares
Direct Common Stock holdings after reported transactions
Underlying shares per option grant
732 shares
Common Stock underlying the new option grant
Vesting schedule segments
4 tranches
Three quarterly 25% tranches plus final remainder tranche
Key Terms
Non-Employee Director Stock Option, Change in Control, Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan, Date Exercisable
4 terms
Non-Employee Director Stock Option financial
""Non-Employee Director Stock Option (Right to Buy)""
Change in Control financial
""if a Change in Control of the Company ... will occur""
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan financial
""as that term is defined in the Ecolab Inc. 2001 Non-Employee Director Stock Option and Deferred Compensation Plan""
Date Exercisable financial
""The date listed in the Date Exercisable column represents the first vesting date.""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ecolab (ECL) report for John J. Zillmer?
Ecolab reported that director John J. Zillmer received a grant of 732 non-employee director stock options. These options give him the right to buy Ecolab Common Stock under specified terms, adding to his existing equity-based compensation position.
How many Ecolab (ECL) stock options were granted to John J. Zillmer?
John J. Zillmer was granted 732 non-employee director stock options. Each option relates to one share of Ecolab Common Stock, forming a relatively small, routine component of director compensation as disclosed in this Form 4 filing.
What is the exercise price of John J. Zillmer’s new Ecolab (ECL) options?
The new director stock options have an exercise price of $247.70 per share. This is the price Zillmer must pay to purchase each share of Ecolab Common Stock if he chooses to exercise the options after they vest.
What is the vesting schedule for John J. Zillmer’s Ecolab (ECL) stock options?
The options vest 25% at the end of each of the first three three-month periods after the grant date. The remaining shares vest on the earlier of the end of the fourth three-month period or the company’s next annual meeting date, subject to the plan terms.
When do John J. Zillmer’s new Ecolab (ECL) stock options expire?
The non-employee director stock options granted to John J. Zillmer expire on May 15, 2036. After that date, any unexercised options will lapse, and he will no longer be able to purchase shares under this specific grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
