John P. Banovetz - Oct 16, 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
Stock symbol
MMM
Transactions as of
Oct 16, 2024
Transactions value $
-$58,631
Form type
4
Date filed
10/17/2024, 04:11 PM
Previous filing
May 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMM Common Stock Options Exercise +430 +1.63% 26.8K Oct 16, 2024 Direct F1
transaction MMM Common Stock Tax liability -$58.6K -430 -1.6% $136.35 26.4K Oct 16, 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 -3.28% 12.7K Oct 16, 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.