Monish D. Patolawala - 05 Jul 2022 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
05 Jul 2022
Net transactions value
+$430,313
Form type
4
Filing time
06 Jul 2022, 09:08:28 UTC
Previous filing
09 Feb 2022
Next filing
08 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMM Common Stock Options Exercise $772,610 +6,013 +180% $128.49 9,362 05 Jul 2022 Direct
transaction MMM Common Stock Tax liability $342,297 -2,664 -28% $128.49 6,698 05 Jul 2022 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 -50% $0.000000 6,013 05 Jul 2022 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 Each restricted stock unit represents a contingent right to receive one share of 3M common stock.
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.