Jeffrey R. Lavers - Jun 30, 2023 Form 4 Insider Report for 3M CO (MMM)

Signature
/s/ Patricia L. Meagher, attorney-in-fact for Jeffrey R. Lavers
Stock symbol
MMM
Transactions as of
Jun 30, 2023
Transactions value $
$417,175
Form type
4
Date filed
7/5/2023, 09:24 AM
Previous filing
Feb 21, 2023
Next filing
Oct 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMM Common Stock Options Exercise $779K +7.78K +116.56% $100.09 14.5K Jun 30, 2023 Direct
transaction MMM Common Stock Tax liability -$362K -3.62K -25% $100.09 10.8K Jun 30, 2023 Direct F1
holding MMM Common Stock 127 Jun 30, 2023 Direct F2
holding MMM Common Stock 1.38K Jun 30, 2023 By Spouse

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 -7.78K -100% $0.00* 0 Jun 30, 2023 Common Stock 7.78K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired under 3M's General Employee Stock Purchase Plan.
F2 These shares are jointly owned with spouse.
F3 Each restricted stock unit represents a contingent right to receive one share of 3M common stock.
F4 On July 1, 2022 the reporting person was granted 7,783 restricted stock units, vesting in one year.