Khandpur K. Ashish - 05 Oct 2022 Form 4 Insider Report for 3M CO (MMM)

Role
Group President
Signature
/s/ Patricia L. Meagher, attorney-in-fact for Ashish K. Khandpur
Issuer symbol
MMM
Transactions as of
05 Oct 2022
Net transactions value
-$46,414
Form type
4
Filing time
06 Oct 2022, 19:28:09 UTC
Previous filing
04 Oct 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMM Common Stock Options Exercise +98 +0.38% 25,726 05 Oct 2022 Direct F1
transaction MMM Common Stock Options Exercise +305 +1.2% 26,031 05 Oct 2022 Direct F1
transaction MMM Common Stock Tax liability $11,287 -98 -0.38% $115.17 25,933 05 Oct 2022 Direct F2
transaction MMM Common Stock Tax liability $35,127 -305 -1.2% $115.17 25,628 05 Oct 2022 Direct F2

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 -98 -3.3% 2,875 05 Oct 2022 Common Stock 98 Direct F1, F3
transaction MMM Restricted Stock Units Options Exercise -305 -3.3% 8,993 05 Oct 2022 Common Stock 305 Direct F1, F4
* 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 Shares withheld for FICA tax for retirement eligible executives.
F3 The restricted stock units vest 100% three years from the grant date of February 2, 2021.
F4 The restricted stock units vest 100% three years from the grant date of February 8, 2022