Monish D. Patolawala - Jun 30, 2023 Form 4 Insider Report for 3M CO (MMM)

Role
EVP, CFO & Transformation Off
Signature
/s/ Patricia L. Meagher, attorney-in-fact for Monish D. Patolawala
Stock symbol
MMM
Transactions as of
Jun 30, 2023
Transactions value $
$327,394
Form type
4
Date filed
7/5/2023, 09:29 AM
Previous filing
Feb 8, 2023
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMM Common Stock Options Exercise $602K +6.01K +44.42% $100.09 19.5K Jun 30, 2023 Direct
transaction MMM Common Stock Tax liability -$274K -2.74K -14.03% $100.09 16.8K Jun 30, 2023 Direct

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 -6.01K -100% $0.00* 0 Jun 30, 2023 Common Stock 6.01K Direct F1, F2
* 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 On July 1, 2020, the reporting person was granted 18,039 restricted stock units, vesting in three equal annual installments beginning July 1, 2021.