John P. Banovetz - 16 Oct 2024 Form 4 Insider Report for 3M CO (MMM)

Role
Executive Vice President
Signature
/s/ Patricia L. Meagher, attorney-in-fact for John P. Banovetz
Issuer symbol
MMM
Transactions as of
16 Oct 2024
Net transactions value
-$58,630
Form type
4
Filing time
17 Oct 2024, 16:11:28 UTC
Previous filing
06 May 2024
Next filing
28 Jan 2025
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 +430 +1.6% 26,838 16 Oct 2024 Direct F1
transaction MMM Common Stock Tax liability $58,630 -430 -1.6% $136.35 26,408 16 Oct 2024 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 -430 -3.3% 12,695 16 Oct 2024 Common Stock 430 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 on February 6, 2027.