Peter D. Gibbons - 01 Dec 2023 Form 4 Insider Report for 3M CO (MMM)

Role: Group President
Signature: Patricia L. Meagher, attorney-in-fact for Peter D. Gibbons
Issuer symbol: MMM
Transactions as of: 01 Dec 2023
Net transactions value: +$174,937
Form type: 4
Filing time: 04 Dec 2023, 10:41:03 UTC
Previous filing: 08 Feb 2023
Next filing: 06 May 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	$321,717	+3,222	+178%	$99.85	5,027	01 Dec 2023	Direct
transaction	MMM	Common Stock	Tax liability	$146,780	-1,470	-29%	$99.85	3,557	01 Dec 2023	Direct	F1
holding	MMM	Common Stock						470	01 Dec 2023	Direct
holding	MMM	Common Stock						86	01 Dec 2023	By Spouse

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	-3,222	-100%	$0.000000^*	0	01 Dec 2023	Common Stock	3,222		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares acquired under 3M's General Employee Stock Purchase Plan.
F2	Each restricted stock unit represents a contingent right to receive one share of 3M common stock.
F3	The restricted stock units will vest in equal installments each year on December 1, 2022 and December 1, 2023.