Monish D. Patolawala - 01 Jul 2021 Form 4 Insider Report for 3M CO (MMM)

Signature
/s/ Patricia L. Meagher, attorney-in-fact for Monish D. Patolawala
Issuer symbol
MMM
Transactions as of
01 Jul 2021
Net transactions value
+$666,752
Form type
4
Filing time
06 Jul 2021, 13:21:20 UTC
Next filing
03 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMM Common Stock Options Exercise $1,197,128 +6,013 $199.09 6,013 01 Jul 2021 Direct
transaction MMM Common Stock Tax liability $530,376 -2,664 -44% $199.09 3,349 01 Jul 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 -6,013 -33% $0.000000 12,026 01 Jul 2021 Common Stock 6,013 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.