Kevin H. Rhodes - 05 Oct 2022 Form 4 Insider Report for 3M CO (MMM)

Role
EVP & Chief Legal Officer
Signature
Patricia L. Meagher, attorney-in-fact for Kevin H. Rhodes
Issuer symbol
MMM
Transactions as of
05 Oct 2022
Net transactions value
-$31,441
Form type
4
Filing time
06 Oct 2022, 19:30:36 UTC
Previous filing
22 Feb 2022
Next filing
31 Oct 2022
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 +273 +13% 2,306 05 Oct 2022 Direct F1
transaction MMM Common Stock Tax liability $31,441 -273 -12% $115.17 2,033 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 -273 -3.3% 8,040 05 Oct 2022 Common Stock 273 Direct F1, F3
* 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 8, 2022