William M. Brown - May 3, 2024 Form 4 Insider Report for 3M CO (MMM)

Role
Chief Executive Officer
Signature
Patricia L. Meagher, attorney-in-fact for William M. Brown
Stock symbol
MMM
Transactions as of
May 3, 2024
Transactions value $
$20,497,422
Form type
4
Date filed
5/6/2024, 06:32 PM
Previous filing
May 3, 2024
Next filing
May 14, 2024

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 Award $0 +25.7K $0.00 25.7K May 3, 2024 Common Stock 25.7K Direct F1, F2
transaction MMM Non-qualified Stock Option (Right to Buy) Award $20.5M +211K $97.10 211K May 3, 2024 Common Stock 211K $97.15 Direct 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 The restricted stock units vest in three equal annual installments beginning on May 3, 2025.
F3 The stock option will vest and become exercisable in a series of three equal installments on each of the first, second and third anniversary of the grant date.