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

Role
Group President
Signature
/s/ Patricia L. Meagher, attorney-in-fact for Jeffrey R. Lavers
Issuer symbol
MMM
Transactions as of
30 Jun 2023
Net transactions value
+$417,175
Form type
4
Filing time
05 Jul 2023, 09:24:37 UTC
Previous filing
21 Feb 2023
Next filing
05 Oct 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 $779,000 +7,783 +117% $100.09 14,460 30 Jun 2023 Direct
transaction MMM Common Stock Tax liability $361,825 -3,615 -25% $100.09 10,845 30 Jun 2023 Direct F1
holding MMM Common Stock 127 30 Jun 2023 Direct F2
holding MMM Common Stock 1,378 30 Jun 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 -7,783 -100% $0.000000* 0 30 Jun 2023 Common Stock 7,783 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.