Ecolab director granted 732 stock options
Ecolab Inc. director Marion K. Gross reported a new grant of non-employee director stock options.
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Rhea-AI Filing Summary
Ecolab Inc. director Marion K. Gross reported a new grant of non-employee director stock options. She received options for 732 shares of common stock at an exercise price of $247.70 per share, expiring on May 15, 2036.
The options begin vesting on August 15, 2026, with 25% of the shares vesting at the end of each of the first three three-month periods after grant and the remainder vesting on the earlier of the end of the fourth three-month period or the company’s next annual meeting. The filing also shows she directly holds 466.0100 shares of common stock after the reported transactions.
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
FAQ
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What insider transaction did Ecolab (ECL) director Marion K. Gross report?
When do Marion K. Gross’s Ecolab (ECL) stock options start vesting?
What is the vesting schedule for the Ecolab (ECL) director stock options?
Do the Ecolab (ECL) director stock options accelerate on a change in control?
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