U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f)
of the Investment Company Act of 1940
|_| Check box if no longer subject of Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Henkel KGaA
67 Henkelstra(beta)e
40191 Dusseldorf
Germany
2. Issuer Name and Ticker or Trading Symbol
Ecolab Inc. (ECL)
3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
4. Statement for Month/Year
November/1999
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer
(Check all applicable)
|_| Director |X| 10% Owner (see attached statement)
|_| Officer (give title below) |_| Other (specify below)
7. Individual or Joint/Group Filing (Check applicable line)
|X| Form filed by One Reporting Person
|_| Form filed by More than One Reporting Person
----------------
* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
<PAGE>
Table I--Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
1. Title of 2. Transaction 3. Transaction Code 4. Securities 5. Amount of 6. Ownership 7. Nature of
Security Date (Instr. 8) Acquired (A) or Securities Form Direct Indirect
(Instr. 3) (Month/Day/ Disposed of (D) Beneficially (D) or Beneficial
Year) (Instr. 3, 4 and 5) Owned at End Indirect (I) Ownership
of Month (Instr. 4) (Instr. 4)
(Instr. 3
and 4)
Code V Amount (A) or (D) Price
Common Stock, par 11/1/99 P 48,100 A $33.75
value $.01 per
share
Common Stock, par 11/1/99 P 36,900 A $33.81
value $.01 per
share
Common Stock, par 11/1/99 P 15,000 A $33.69
value $.01 per
share
Common Stock, par 11/2/99 P 18,300 A $34.25
value $.01 per
share
Common Stock, par 11/3/99 P 149,100 A $34.25
value $.01 per
share
Common Stock, par 11/3/99 P 900 A $34.19
value $.01 per
share
Common Stock, par 11/4/99 P 86,800 A $34.25
value $.01 per
share
Common Stock, par 11/4/99 P 22,400 A $34.19
value $.01 per
share
Common Stock, par 11/4/99 P 800 A $34.06
value $.01 per
share
Common Stock, par 11/5/99 P 99,900 A $34.25
value $.01 per
share
Common Stock, par 11/5/99 P 100 A $34.13
value $.01 per
share
Common Stock, par 11/8/99 P 35,500 A $34.75
value $.01 per
share
Common Stock, par 11/8/99 P 7,500 A $34.19
value $.01 per
share
Common Stock, par 11/8/99 P 6,500 A $34.25
value $.01 per
share
Common Stock, par 11/8/99 P 500 A $34.69
value $.01 per
share
Common Stock, par 11/9/99 P 129,800 A $34.25
value $.01 per
share
Common Stock, par 11/9/99 P 42,300 A $34.38
value $.01 per
share
Common Stock, par 11/9/99 P 17,000 A $34.00
value $.01 per
share
Common Stock, par 11/9/99 P 7,700 A $34.31
value $.01 per
share
Common Stock, par 11/10/99 P 17,000 A $34.75
value $.01 per
share
Common Stock, par 11/10/99 P 10,500 A $34.63
value $.01 per
share
Common Stock, par 11/10/99 P 9,700 A $35.00
value $.01 per
share
Common Stock, par 11/10/99 P 4,900 A $34.56
value $.01 per
share
Common Stock, par 11/10/99 P 4,200 A $34.38
value $.01 per
share
Common Stock, par 11/10/99 P 1,900 A $34.31
value $.01 per
share
Common Stock, par 11/10/99 P 500 A $34.69
value $.01 per
share
Common Stock, par 11/10/99 P 500 A $34.25
value $.01 per
share
Common Stock, par 11/10/99 P 400 A $34.44
value $.01 per
share
Common Stock, par 11/10/99 P 200 A $33.88
value $.01 per
share
Common Stock, par 11/10/99 P 100 A $34.00
value $.01 per
share
Common Stock, par 11/10/99 P 100 A $33.94
value $.01 per
share
Common Stock, par 11/11/99 P 32,800 A $35.25
value $.01 per
share
Common Stock, par 11/11/99 P 7,200 A $35.19
value $.01 per
share
Common Stock, par 11/11/99 P 5,400 A $34.88
value $.01 per
share
Common Stock, par 11/11/99 P 5,300 A $34.94
value $.01 per
share
Common Stock, par 11/11/99 P 3,000 A $35.13
value $.01 per
share
Common Stock, par 11/11/99 P 1,500 A $35.00
value $.01 per
share
Common Stock, par 11/11/99 P 100 A $34.81
value $.01 per
share
Common Stock, par 11/12/99 P 48,100 A $36.00
value $.01 per
share
Common Stock, par 11/12/99 P 12,600 A $35.38
value $.01 per
share
Common Stock, par 11/12/99 P 1,000 A $35.75
value $.01 per
share
Common Stock, par 11/12/99 P 900 A $35.50 17,570,512 D
value $.01 per
share
Common Stock, par 14,666,664 I Held by
value $.01 per Subsidiary
share
</TABLE>
----------------------
Explanation of responses:
<PAGE>
Table II--Derivative Securities Acquired, Disposed of, or Beneficially
Owned (e.g., puts, calls, warrants, options, convertible securities)
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C>
1. Title of 2. Conversion 3. Transaction 4. Transaction 5. Number of 6. Date Exercisable 7. Title and Amount of
Derivative or Date Code Derivative and Expiration Underlying
Security Exercise (Month/ (Instr. 8) Securities Date Securities (Instr.
(Instr. 3) Price of Day/Year) Acquired (Month/Day/Year) 3 and 4)
Derivative (A) or
Security Disposed
of (D)
Instr. 3,
4 and 5)
Code V (A) (D) Date Expiration Title Amount or
Exercisable Date Number of
Shares
8. Price of 9. Number of 10.Ownership 11.Nature of
Derivative Derivative Form of Indirect
Security Securities Derivative Beneficial
(Instr. Beneficially Security: Ownership
5) Owned at Direct (Instr. 4)
end of (D) or
Month Indirect
(Instr. 4) (I)
(Instr.4)
</TABLE>
----------------------
Explanation of responses:
** Intentional misstatements or omissions of fact constitute
Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Signature of Reporting Person
Henkel KGaA
By: /S/ A. BARTHLING By:/S/ T.G. KUHN
---------------- -------------
Name: A. Barthling Name: T.G. Kuhn
Title: Corporate Financial Controller Title: Senior Counsel
Date: December 3, 1999 Date: December 3, 1999
<PAGE>
STATEMENT ATTACHED TO FORM 4
FILED WITH THE SECURITIES AND EXCHANGE COMMISSION
BY HENKEL KGAA
67 HENKELSTRA(beta)E
40191 DUSSELDORF
GERMANY
December 3, 1999
ITEM 6. RELATIONSHIPS OF REPORTING PERSON TO COMPANY
--------------------------------------------
Henkel KGaA ("Henkel") is the beneficial owner of more than 10 percent of
the outstanding common stock of Ecolab Inc. ("Ecolab"). Under an agreement dated
as of June 26, 1991, between Ecolab and Henkel, Ecolab agreed to take all
necessary actions to have such number of designees of Henkel nominated to
Ecolab's Board of Directors so that Henkel has representation on the Board of
Directors proportionate with its stock ownership. Pursuant to this agreement,
Albrecht Woeste, Dr. Roland Schulz and Hugo Uyterhoeven currently serve on the
Board of Directors of Ecolab.
