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

Role
Executive Vice President
Signature
/s/ Patricia L. Meagher, attorney-in-fact for John Banovetz
Stock symbol
MMM
Transactions as of
Oct 4, 2023
Transactions value $
-$12,763
Form type
4
Date filed
10/5/2023, 06:07 PM
Previous filing
May 2, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMM Common Stock Options Exercise +145 +0.73% 20.1K Oct 4, 2023 Direct F1
transaction MMM Common Stock Tax liability -$12.8K -145 -0.72% $88.02 20K Oct 4, 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 -3.31% 4.24K Oct 4, 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.