Beatriz Karina Chavez Rodriguez - 01 Jul 2024 Form 4 Insider Report for 3M CO (MMM)

Signature
Patricia L. Meagher, attorney-in-fact for Beatriz Karina Chavez Rodriguez
Issuer symbol
MMM
Transactions as of
01 Jul 2024
Net transactions value
+$119,525
Form type
4
Filing time
02 Jul 2024, 18:56:07 UTC
Previous filing
06 May 2024
Next filing
28 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMM Common Stock Options Exercise $172,345 +1,713 +43% $100.61 5,678 01 Jul 2024 Direct
transaction MMM Common Stock Tax liability $52,820 -525 -9.2% $100.61 5,153 01 Jul 2024 Direct
holding MMM Common Stock 2,209 01 Jul 2024 Direct

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 -1,713 -100% $0.000000* 0 01 Jul 2024 Common Stock 1,713 Direct F1, F2, 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 share amount was increased due to the conversion of shares related to 3M's spinoff of the healthcare business this year.
F3 The restricted stock units vest 100% three years from the grant date.