Monish D. Patolawala - Feb 8, 2022 Form 4 Insider Report for 3M CO (MMM)

Role
EVP, CFO & Transformation Off
Signature
/s/ Patricia L. Meagher, attorney-in-fact for Monish D. Patolawala
Stock symbol
MMM
Transactions as of
Feb 8, 2022
Transactions value $
$0
Form type
4
Date filed
2/9/2022, 05:38 PM
Previous filing
Nov 3, 2021
Next filing
Jul 6, 2022

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 Non-qualified Stock Option (Right to Buy) Award $0 +55.2K $0.00 55.2K Feb 8, 2022 Common Stock 55.2K $162.41 Direct F1
transaction MMM Restricted Stock Units Award $0 +8.61K $0.00 8.61K Feb 8, 2022 Common Stock 8.61K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option will vest and become exercisable in a series of three equal installments on each of the first, second and third anniversary of the grant date.
F2 Each restricted stock unit represents a contingent right to receive one share of 3M common stock.
F3 The restricted stock units vest 100% three years from the grant date of February 8, 2022