Khandpur K. Ashish - Oct 5, 2022 Form 4 Insider Report for 3M CO (MMM)

Role
Group President
Signature
/s/ Patricia L. Meagher, attorney-in-fact for Ashish K. Khandpur
Stock symbol
MMM
Transactions as of
Oct 5, 2022
Transactions value $
-$46,414
Form type
4
Date filed
10/6/2022, 07:28 PM
Previous filing
Oct 4, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMM Common Stock Options Exercise +98 +0.38% 25.7K Oct 5, 2022 Direct F1
transaction MMM Common Stock Options Exercise +305 +1.19% 26K Oct 5, 2022 Direct F1
transaction MMM Common Stock Tax liability -$11.3K -98 -0.38% $115.17 25.9K Oct 5, 2022 Direct F2
transaction MMM Common Stock Tax liability -$35.1K -305 -1.18% $115.17 25.6K Oct 5, 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% 2.88K Oct 5, 2022 Common Stock 98 Direct F1, F3
transaction MMM Restricted Stock Units Options Exercise -305 -3.28% 8.99K Oct 5, 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