Monish D. Patolawala - Jul 1, 2021 Form 4 Insider Report for 3M CO (MMM)

Signature
/s/ Patricia L. Meagher, attorney-in-fact for Monish D. Patolawala
Stock symbol
MMM
Transactions as of
Jul 1, 2021
Transactions value $
$666,752
Form type
4
Date filed
7/6/2021, 01:21 PM
Next filing
Nov 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMM Common Stock Options Exercise $1.2M +6.01K $199.09 6.01K Jul 1, 2021 Direct
transaction MMM Common Stock Tax liability -$530K -2.66K -44.3% $199.09 3.35K Jul 1, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MMM Restricted Stock Units Options Exercise $0 -6.01K -33.33% $0.00 12K Jul 1, 2021 Common Stock 6.01K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into 3M common stock on a one-for-one basis.
F2 On July 1, 2020, the reporting person was granted 18,039 restricted stock units, vesting in three equal annual installments beginning July 1, 2021.