Kevin H. Rhodes - 04 Oct 2023 Form 4 Insider Report for 3M CO (MMM)

Role: EVP & Chief Legal Officer
Signature: Patricia L. Meagher, attorney-in-fact for Kevin H. Rhodes
Issuer symbol: MMM
Transactions as of: 04 Oct 2023
Net transactions value: -$47,091
Form type: 4
Filing time: 05 Oct 2023, 18:12:59 UTC
Previous filing: 21 Feb 2023
Next filing: 05 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		+535	+16%		3,795	04 Oct 2023	Direct	F1
transaction	MMM	Common Stock	Tax liability	$47,091	-535	-14%	$88.02	3,260	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		-535	-3.3%		15,757	04 Oct 2023	Common Stock	535		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.