person · Reporting owner

BAKER DOUGLAS M JR

Disclosed activity across 4 companies

Tapewire entity: 10746
SEC CIK: 0001198753

Reported relationships

Latest disclosed role at each company.

Company	Last reported as	Report date	Published
ECOLAB INC.ECL · Entity 2954	Director · EXEC CHAIRMAN OF THE BOARD	February 23, 2022	February 25, 2022
Merck & Co., Inc.MRK · Entity 2807	Director	May 29, 2026	June 02, 2026
TARGET CORPTGT · Entity 2967	Director	March 11, 2026	March 13, 2026
US BANCORP DEUSB · Entity 2923	Director	January 18, 2018	January 22, 2018

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

ECOLAB INC.

Report date February 23, 2022 · Filed February 25, 2022

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Common StockSEC Table I · non-derivative	Direct	617,066	Ending reported balance After 2022-02-23 transaction · row 2 2 source rows · reconciled sequence Row 1 · 2022-02-23 · Grant · Acquired 34,202 · Balance 631,813 Row 2 · 2022-02-23 · Tax withholding · Disposed 14,747 · Balance 617,066 F1: Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3.
Common StockSEC Table I · non-derivative	IndirectBy Spouse	7,050	Reported balance Holding disclosure · report date 2022-02-23 · row 3 Holding and transaction disclosures are not merged. 1 source row Row 3 · Balance 7,050
Common StockSEC Table I · non-derivative	IndirectBy Julie M. Baker 2012 Revocable Trust	72,850	Reported balance Holding disclosure · report date 2022-02-23 · row 4 Holding and transaction disclosures are not merged. 1 source row Row 4 · Balance 72,850
Common StockSEC Table I · non-derivative	IndirectBy Douglas M. Baker, Jr. 2012 Irrevocable Trust	72,500	Reported balance Holding disclosure · report date 2022-02-23 · row 5 Holding and transaction disclosures are not merged. 1 source row Row 5 · Balance 72,500
Common StockSEC Table I · non-derivative	IndirectBy Ecolab Savings Plan	5,757.747	Reported balance Holding disclosure · report date 2022-02-23 · row 6 Holding and transaction disclosures are not merged. 1 source row Row 6 · Balance 5,757.747 F2: Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of January 31, 2022. Includes 13.594 UNITS acquired since the reporting person's last report. (The 5,757.747 UNITS are the equivalent of approximately 10,576 SHARES of the issuer's Common Stock.)

Filing footnotes · ownership attribution and instrument terms

F1: Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3.

F2: Number of UNITS in the Ecolab Stock Fund of the Ecolab Savings Plan (401(k) Plan) as of January 31, 2022. Includes 13.594 UNITS acquired since the reporting person's last report. (The 5,757.747 UNITS are the equivalent of approximately 10,576 SHARES of the issuer's Common Stock.)

Merck & Co., Inc.

Report date May 29, 2026 · Filed June 02, 2026

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Phantom StockSEC Table II · derivative / convertible security	Direct	11,518.2084	Reported balance After 2026-05-29 transaction · row 2 Instrument identity requires review; Table II rows are not merged. 1 source row Row 2 · 2026-05-29 · Grant · Acquired 1,853.0997 · Balance 11,518.2084 F1: 1-for-1 F2: Phantom stock units are to be settled 100% in cash upon reporting person's termination of service in accordance with a distribution schedule elected pursuant to the terms of the Plan for Deferred Payment of Directors' Compensation. F3: Holdings include shares acquired in dividend reinvestment transactions.
Common StockSEC Table I · non-derivative	Direct	16,000	Reported balance Holding disclosure · report date 2026-05-29 · row 1 Holding and transaction disclosures are not merged. 1 source row Row 1 · Balance 16,000

Filing footnotes · ownership attribution and instrument terms

F1: 1-for-1

F2: Phantom stock units are to be settled 100% in cash upon reporting person's termination of service in accordance with a distribution schedule elected pursuant to the terms of the Plan for Deferred Payment of Directors' Compensation.

F3: Holdings include shares acquired in dividend reinvestment transactions.

TARGET CORP

Report date March 11, 2026 · Filed March 13, 2026

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Common StockSEC Table I · non-derivative	Direct	44,294	Reported balance After 2026-03-11 transaction · row 1 Account or security details depend on footnotes; rows are not merged. 1 source row Row 1 · 2026-03-11 · Grant · Acquired 1,676 · Balance 44,294 F1: Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan. F2: Includes dividend equivalents paid on restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional restricted stock units.

Filing footnotes · ownership attribution and instrument terms

F1: Award of restricted stock units pursuant to the Target Corporation 2020 Long-Term Incentive Plan.

F2: Includes dividend equivalents paid on restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional restricted stock units.

US BANCORP DE

Report date January 18, 2018 · Filed January 22, 2018

Security / award	Ownership account	Disclosed shares / units	Disclosure context
Restricted Stock UnitsSEC Table II · derivative / convertible security	Direct	890	Reported balance After 2018-01-18 transaction · row 1 Instrument identity requires review; Table II rows are not merged. 1 source row Row 1 · 2018-01-18 · Grant · Acquired 890 · Balance 890 F1: Restricted stock units convert into common stock on a one-for-one basis. F2: The restricted stock units were fully vested at the time of grant. Units are payable in common stock when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.

Filing footnotes · ownership attribution and instrument terms

F1: Restricted stock units convert into common stock on a one-for-one basis.

F2: The restricted stock units were fully vested at the time of grant. Units are payable in common stock when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause.

Transaction history

JSON API

Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction date	Company	Activity / security	Shares / units	Reported price	Reported value	Details
February 20, 2020 Filed Feb 25, 2020 00:46 UTC	ECOLAB INC. ECL · Entity 2954	SaleCommon Stock	102,499	$206.30	$21,145,338.70	Disclosure SEC source: 0001179110-20-002161 · edgar.xml · nonDerivative · entry 3 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 605,642 F2 · price: This transaction was executed in multiple trades at prices ranging from $206.030 to $206.985, 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. Read SEC document
February 20, 2020 Filed Feb 25, 2020 00:46 UTC	ECOLAB INC. ECL · Entity 2954	SaleCommon Stock	41,963	$205.76	$8,634,390.81	Disclosure SEC source: 0001179110-20-002161 · edgar.xml · nonDerivative · entry 2 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 708,141 F1 · price: This transaction was executed in multiple trades at prices ranging from $205.030 to $206.020, 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. Read SEC document
February 20, 2020 Filed Feb 25, 2020 00:46 UTC	ECOLAB INC. ECL · Entity 2954	Exercise / conversionCommon Stock	195,800	$71.54	$14,007,532.00	Disclosure SEC source: 0001179110-20-002161 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 750,104 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document
February 02, 2020 Filed Feb 25, 2020 00:46 UTC	ECOLAB INC. ECL · Entity 2954	SaleCommon Stock	9,233	$207.66	$1,917,278.62	Disclosure SEC source: 0001179110-20-002161 · edgar.xml · nonDerivative · entry 4 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 596,409 F3 · price: This transaction was executed in multiple trades at prices ranging from $207.050 to $208.040, 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. Read SEC document
December 03, 2019 Filed Dec 5, 2019 22:26 UTC	ECOLAB INC. ECL · Entity 2954	GrantEmployee Stock Option (Right to Buy) · Derivative	114,381	$0.00 Strike: $184.39	$0.00	Disclosure SEC source: 0001179110-19-012425 · edgar.xml · derivative · entry 6 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 114,381 Underlying: Common Stock · 114,381 shares Expires 2029-12-03 F2 · derivative.exercise_date: The option will be 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. Read SEC document
June 03, 2019 Filed Dec 5, 2019 22:26 UTC	ECOLAB INC. ECL · Entity 2954	GiftCommon Stock	274	$0.00	$0.00	Disclosure SEC source: 0001179110-19-012425 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 554,304 Read SEC document
March 13, 2019 Filed Mar 15, 2019 20:10 UTC	TARGET CORP TGT · Entity 2967	GrantCommon Stock	4,220	$0.00	$0.00	Disclosure SEC source: 0001225208-19-005342 · doc4.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 22,365 F1 · kind: Award of restricted stock units pursuant to the Amended and Restated Target Corporation 2011 Long-Term Incentive Plan. F2 · balance_after: Includes dividend equivalents paid on restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional restricted stock units. Read SEC document
March 08, 2019 Filed Mar 8, 2019 23:25 UTC	ECOLAB INC. ECL · Entity 2954	Tax withholdingCommon Stock	16,457	$166.22	$2,735,482.54	Disclosure SEC source: 0001179110-19-003637 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 554,578 F1 · kind: Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3. Read SEC document
March 01, 2019 Filed Mar 6, 2019 00:06 UTC	ECOLAB INC. ECL · Entity 2954	Exercise / conversionEmployee Stock Option (Right to Buy) · Derivative	192,100	$0.00 Strike: $55.60	$0.00	Disclosure SEC source: 0001179110-19-003337 · edgar.xml · derivative · entry 8 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 192,100 shares Expires 2021-12-01 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_date: 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. Read SEC document
March 01, 2019 Filed Mar 6, 2019 00:06 UTC	ECOLAB INC. ECL · Entity 2954	SaleCommon Stock	157,125	$170.14	$26,732,461.88	Disclosure SEC source: 0001179110-19-003337 · edgar.xml · nonDerivative · entry 3 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 571,035 F1 · kind: The shares were sold in multiple trades at prices ranging from $169.72 to $170.42, 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. Read SEC document
March 01, 2019 Filed Mar 6, 2019 00:06 UTC	ECOLAB INC. ECL · Entity 2954	Exercise / conversionCommon Stock	192,100	$55.60	$10,679,799.50	Disclosure SEC source: 0001179110-19-003337 · edgar.xml · nonDerivative · entry 2 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 728,160 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document
February 21, 2019 Filed Feb 22, 2019 22:12 UTC	ECOLAB INC. ECL · Entity 2954	GrantCommon Stock	38,068	$0.00	$0.00	Disclosure SEC source: 0001179110-19-002356 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 556,060 Read SEC document
December 04, 2018 Filed Dec 7, 2018 22:24 UTC	ECOLAB INC. ECL · Entity 2954	GrantEmployee Stock Option (Right to Buy) · Derivative	142,507	$0.00 Strike: $158.52	$0.00	Disclosure SEC source: 0001179110-18-013570 · edgar.xml · derivative · entry 6 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 142,507 Underlying: Common Stock · 142,507 shares Expires 2028-12-04 F2 · derivative.exercise_date: The option will be 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. Read SEC document
November 07, 2018 Filed Nov 9, 2018 21:44 UTC	ECOLAB INC. ECL · Entity 2954	Exercise / conversionEmployee Stock Option (Right to Buy) · Derivative	40,025	$0.00 Strike: $48.06	$0.00	Disclosure SEC source: 0001179110-18-012731 · edgar.xml · derivative · entry 7 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 40,025 shares Expires 2020-12-01 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_date: 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. Read SEC document
November 07, 2018 Filed Nov 9, 2018 21:44 UTC	ECOLAB INC. ECL · Entity 2954	SaleCommon Stock	40,025	$160.20	$6,411,924.95	Disclosure SEC source: 0001179110-18-012731 · edgar.xml · nonDerivative · entry 2 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 517,992 F1 · kind: This transaction was executed in multiple trades at prices ranging from $159.88 to $160.40, 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. Read SEC document
November 07, 2018 Filed Nov 9, 2018 21:44 UTC	ECOLAB INC. ECL · Entity 2954	Exercise / conversionCommon Stock	40,025	$48.06	$1,923,401.38	Disclosure SEC source: 0001179110-18-012731 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 558,017 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document
November 07, 2018 Filed Mar 6, 2019 00:06 UTC	ECOLAB INC. ECL · Entity 2954	GiftCommon Stock	20,000	$0.00	$0.00	Disclosure SEC source: 0001179110-19-003337 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 536,060 Read SEC document
September 18, 2018 Filed Sep 20, 2018 20:56 UTC	ECOLAB INC. ECL · Entity 2954	Exercise / conversionEmployee Stock Option (Right to Buy) · Derivative	120,075	$0.00 Strike: $48.06	$0.00	Disclosure SEC source: 0001179110-18-011590 · edgar.xml · derivative · entry 8 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 40,025 Underlying: Common Stock · 120,075 shares Expires 2020-12-01 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F3 · derivative.exercise_date: 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. Read SEC document
September 18, 2018 Filed Sep 20, 2018 20:56 UTC	ECOLAB INC. ECL · Entity 2954	Tax withholdingCommon Stock	74,847	$156.22	$11,692,598.34	Disclosure SEC source: 0001179110-18-011590 · edgar.xml · nonDerivative · entry 3 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 517,992 F1 · kind: Reflects the reporting person's payment of the exercise price and withholding taxes for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock. Read SEC document
September 18, 2018 Filed Sep 20, 2018 20:56 UTC	ECOLAB INC. ECL · Entity 2954	Exercise / conversionCommon Stock	120,075	$48.06	$5,770,204.13	Disclosure SEC source: 0001179110-18-011590 · edgar.xml · nonDerivative · entry 2 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 592,839 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document
August 06, 2018 Filed Sep 20, 2018 20:56 UTC	ECOLAB INC. ECL · Entity 2954	GiftCommon Stock	336	$0.00	$0.00	Disclosure SEC source: 0001179110-18-011590 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 472,764 Read SEC document
June 01, 2018 Filed Sep 20, 2018 20:56 UTC	ECOLAB INC. ECL · Entity 2954	GiftCommon Stock	350	$0.00	$0.00	Disclosure SEC source: 0001179110-18-011590 · edgar.xml · nonDerivative · entry 4 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Indirect · By Wife Disclosed balance after: 7,050 Read SEC document
March 14, 2018 Filed Mar 16, 2018 21:04 UTC	TARGET CORP TGT · Entity 2967	GrantCommon Stock	4,582	$0.00	$0.00	Disclosure SEC source: 0001225208-18-006306 · doc4.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 17,544 F1 · kind: Award of restricted stock units pursuant to the Amended and Restated Target Corporation 2011 Long-Term Incentive Plan. F2 · balance_after: Includes dividend equivalents paid on restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional restricted stock units. Read SEC document
March 09, 2018 Filed Mar 13, 2018 20:58 UTC	ECOLAB INC. ECL · Entity 2954	Tax withholdingCommon Stock	15,223	$131.18	$1,996,953.14	Disclosure SEC source: 0001179110-18-004158 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 466,115 F1 · kind: Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3. Read SEC document
February 21, 2018 Filed Feb 23, 2018 21:39 UTC	ECOLAB INC. ECL · Entity 2954	GrantCommon Stock	35,891	$0.00	$0.00	Disclosure SEC source: 0001179110-18-002732 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 481,338 Read SEC document
January 18, 2018 Filed Jan 22, 2018 21:38 UTC	US BANCORP DE USB · Entity 2923	GrantRestricted Stock Units · Derivative	890	$56.15	$49,973.50	Disclosure SEC source: 0001225208-18-001349 · doc4.xml · derivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 890 Underlying: Common Stock, $0.01 par value · 890 shares Expires not disclosed F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis. F2 · derivative.exercise_date: The restricted stock units were fully vested at the time of grant. Units are payable in common stock when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause. F2 · derivative.expiration_date: The restricted stock units were fully vested at the time of grant. Units are payable in common stock when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause. Read SEC document
December 08, 2017 Filed Jan 26, 2018 21:41 UTC	ECOLAB INC. ECL · Entity 2954	GiftCommon Stock	18,000	$0.00	$0.00	Disclosure SEC source: 0001179110-18-001103 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 445,447 Read SEC document
December 08, 2017 Filed Jun 1, 2018 22:19 UTC Amendment	ECOLAB INC. ECL · Entity 2954	GiftCommon Stock	6,985	$0.00	$0.00	Disclosure SEC source: 0001179110-18-007851 · edgar.xml · nonDerivative · entry 2 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Indirect · By Wife Disclosed balance after: 7,400 F1 · shares: On January 26, 2018, the reporting person filed a Form 5 to report a disposition of 18,000 shares of the issuer's common stock by a gift on December 8, 2017. The Form 5 inadvertently reported that all 18,000 shares were gifted from shares held by the reporting person in direct ownership form. In fact, as reported in this amendment, the gift was made from 11,015 shares held by the reporting person in direct ownership form and 6,985 shares held in indirect ownership form through his wife. Read SEC document
December 08, 2017 Filed Jun 1, 2018 22:19 UTC Amendment	ECOLAB INC. ECL · Entity 2954	GiftCommon Stock	11,015	$0.00	$0.00	Disclosure SEC source: 0001179110-18-007851 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 452,432 F1 · shares: On January 26, 2018, the reporting person filed a Form 5 to report a disposition of 18,000 shares of the issuer's common stock by a gift on December 8, 2017. The Form 5 inadvertently reported that all 18,000 shares were gifted from shares held by the reporting person in direct ownership form. In fact, as reported in this amendment, the gift was made from 11,015 shares held by the reporting person in direct ownership form and 6,985 shares held in indirect ownership form through his wife. Read SEC document
December 06, 2017 Filed Dec 6, 2017 22:06 UTC	ECOLAB INC. ECL · Entity 2954	SaleCommon Stock	18,000	$137.09	$2,467,656.00	Disclosure SEC source: 0001179110-17-015037 · edgar.xml · nonDerivative · entry 4 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 463,447 F2 · price: This transaction was executed in multiple trades at prices ranging from $136.64 to $137.39, 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. Read SEC document
December 06, 2017 Filed Dec 8, 2017 21:55 UTC	ECOLAB INC. ECL · Entity 2954	GrantEmployee Stock Option (Right to Buy) · Derivative	172,742	$0.00 Strike: $137.09	$0.00	Disclosure SEC source: 0001179110-17-015126 · edgar.xml · derivative · entry 5 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 172,742 Underlying: Common Stock · 172,742 shares Expires 2027-12-06 F2 · derivative.exercise_date: The option will be 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. Read SEC document
December 04, 2017 Filed Dec 6, 2017 22:06 UTC	ECOLAB INC. ECL · Entity 2954	Exercise / conversionEmployee Stock Option (Right to Buy) · Derivative	156,400	$0.00 Strike: $45.67	$0.00	Disclosure SEC source: 0001179110-17-015037 · edgar.xml · derivative · entry 8 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 0 Underlying: Common Stock · 156,400 shares Expires 2019-12-02 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F4 · derivative.exercise_date: 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. Read SEC document
December 04, 2017 Filed Dec 6, 2017 22:06 UTC	ECOLAB INC. ECL · Entity 2954	Tax withholdingCommon Stock	102,501	$136.43	$13,984,211.43	Disclosure SEC source: 0001179110-17-015037 · edgar.xml · nonDerivative · entry 3 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 481,447 F1 · kind: Reflects the reporting person's payment of the exercise price and withholding taxes for a stock option issued in accordance with Rule 16b-3 by delivering or withholding shares of Ecolab common stock. Read SEC document
December 04, 2017 Filed Dec 6, 2017 22:06 UTC	ECOLAB INC. ECL · Entity 2954	Exercise / conversionCommon Stock	156,400	$45.67	$7,142,006.00	Disclosure SEC source: 0001179110-17-015037 · edgar.xml · nonDerivative · entry 2 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 583,948 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document
August 09, 2017 Filed Dec 6, 2017 22:06 UTC	ECOLAB INC. ECL · Entity 2954	GiftCommon Stock	379	$0.00	$0.00	Disclosure SEC source: 0001179110-17-015037 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 427,548 Read SEC document
February 22, 2017 Filed Feb 24, 2017 22:13 UTC	ECOLAB INC. ECL · Entity 2954	Tax withholdingCommon Stock	14,794	$122.89	$1,818,034.66	Disclosure SEC source: 0001179110-17-003154 · edgar.xml · nonDerivative · entry 2 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 427,927 F1 · kind: Reflects the reporting person's payment of minimum statutory tax obligations by withholding shares of Ecolab Common Stock incident to the vesting of performance-based restricted stock units in accordance with Rule 16b-3. Read SEC document
February 22, 2017 Filed Feb 24, 2017 22:13 UTC	ECOLAB INC. ECL · Entity 2954	GrantCommon Stock	33,144	$0.00	$0.00	Disclosure SEC source: 0001179110-17-003154 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 442,721 Read SEC document
January 19, 2017 Filed Jan 23, 2017 21:22 UTC	US BANCORP DE USB · Entity 2923	GrantRestricted Stock Units · Derivative	2,957	$50.73	$150,008.61	Disclosure SEC source: 0001225208-17-001453 · doc4.xml · derivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 2,957 Underlying: Common Stock, $0.01 par value · 2,957 shares Expires not disclosed F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis. F2 · derivative.exercise_date: The restricted stock units were fully vested at the time of grant. Units are payable in common stock in ten equal annual installments when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause. F2 · derivative.expiration_date: The restricted stock units were fully vested at the time of grant. Units are payable in common stock in ten equal annual installments when the reporting person ceases to serve on the Board of Directors and is not providing services to the Company as an independent contractor, except that all units are forfeited if the holder's service is terminated for cause. Read SEC document
January 11, 2017 Filed Jan 13, 2017 18:30 UTC	TARGET CORP TGT · Entity 2967	GrantCommon Stock	2,377	$0.00	$0.00	Disclosure SEC source: 0001225208-17-001070 · doc4.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,308 F1 · kind: Award of restricted stock units pursuant to the Amended and Restated Target Corporation 2011 Long-Term Incentive Plan. F2 · balance_after: Includes dividend equivalents paid on restricted stock units since the date of the reporting person's last filing through the date of the reported transaction that have been reinvested in additional restricted stock units. Read SEC document
December 07, 2016 Filed Dec 9, 2016 21:41 UTC	ECOLAB INC. ECL · Entity 2954	GrantEmployee Stock Option (Right to Buy) · Derivative	188,679	$0.00 Strike: $117.73	$0.00	Disclosure SEC source: 0001179110-16-032719 · edgar.xml · derivative · entry 5 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 188,679 Underlying: Common Stock · 188,679 shares Expires 2026-12-07 F2 · derivative.exercise_date: The option will be 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. Read SEC document
August 26, 2016 Filed Dec 9, 2016 21:41 UTC	ECOLAB INC. ECL · Entity 2954	GiftCommon Stock	4,830	$0.00	$0.00	Disclosure SEC source: 0001179110-16-032719 · edgar.xml · nonDerivative · entry 2 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Indirect · By Wife Disclosed balance after: 14,385 Read SEC document
August 26, 2016 Filed Dec 9, 2016 21:41 UTC	ECOLAB INC. ECL · Entity 2954	GiftCommon Stock	20,972	$0.00	$0.00	Disclosure SEC source: 0001179110-16-032719 · edgar.xml · nonDerivative · entry 1 BAKER DOUGLAS M JR · CIK 0001198753 · Director · Chairman and CEO 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 409,577 Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.