Khandpur K. Ashish - 04 Oct 2023 Form 4 Insider Report for 3M CO (MMM)

Role
Group President
Signature
/s/ Patricia L. Meagher, attorney-in-fact for Ashish K. Khandpur
Issuer symbol
MMM
Transactions as of
04 Oct 2023
Net transactions value
-$38,817
Form type
4
Filing time
05 Oct 2023, 18:09:27 UTC
Previous filing
03 Oct 2023
Next filing
04 Dec 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 +441 +2% 21,968 04 Oct 2023 Direct F1
transaction MMM Common Stock Tax liability $38,817 -441 -2% $88.02 21,527 04 Oct 2023 Direct F2
holding MMM Common Stock 752 04 Oct 2023 by Spouse
holding MMM Common Stock 952 04 Oct 2023 Spouse 401k/paesop

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 -441 -3.3% 12,990 04 Oct 2023 Common Stock 441 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.