John P. Banovetz - 04 Oct 2023 Form 4 Insider Report for 3M CO (MMM)

Role: Executive Vice President
Signature: /s/ Patricia L. Meagher, attorney-in-fact for John Banovetz
Issuer symbol: MMM
Transactions as of: 04 Oct 2023
Net transactions value: -$12,763
Form type: 4
Filing time: 05 Oct 2023, 18:07:42 UTC
Previous filing: 02 May 2023
Next filing: 06 Feb 2024
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		+145	+0.73%		20,117	04 Oct 2023	Direct	F1
transaction	MMM	Common Stock	Tax liability	$12,763	-145	-0.72%	$88.02	19,972	04 Oct 2023	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		-145	-3.3%		4,240	04 Oct 2023	Common Stock	145		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 7, 2023.