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3M CO Director's Dealing 2003

Oct 28, 2003

17737_dirs_2003-10-28_a6a5c1f7-829c-4490-9620-aae350c03cb0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 3M CO (MMM)
CIK: 0000066740
Period of Report: 2003-10-24

Reporting Person: REICH CHARLES (EXEC VP HEALTH CARE)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-08-27 Common Stock G 2 Disposed 24011 Direct
2003-10-23 Common Stock G 35 Disposed 47986 Direct
2003-10-24 Common Stock F 61 $70.375 Disposed 47925 Direct
2003-08-27 Common Stock G 2 Acquired 6 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2134 Indirect
Common Stock 3 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Incentive Stock Option (right to buy) $43.35 2010-05-09 Common Stock (2306) 2306 Direct
Incentive Stock Option (right to buy) $47.5 2009-05-10 Common Stock (2104) 2104 Direct
Incentive Stock Option (right to buy) $58.625 2011-05-08 Common Stock (1704) 1704 Direct
Non-Qualified Stock Option (right to buy) $43.35 2010-05-09 Common Stock (27694) 27694 Direct
Non-Qualified Stock Option (right to buy) $53.625 2004-05-10 Common Stock (3870) 3870 Direct
Non-Qualified Stock Option (right to buy) $53.625 2005-05-09 Common Stock (4572) 4572 Direct
Non-Qualified Stock Option (right to buy) $55.325 2006-05-12 Common Stock (5656) 5656 Direct
Non-Qualified Stock Option (right to buy) $55.325 2007-05-11 Common Stock (7442) 7442 Direct
Non-Qualified Stock Option (right to buy) $58.625 2011-05-08 Common Stock (78296) 78296 Direct
Non-Qualified Stock Option (right to buy) $61.85 2013-05-12 Common Stock (74000) 74000 Direct
Non-Qualified Stock Option (right to buy) $63.075 2013-01-27 Common Stock (31782) 31782 Direct
Non-Qualified Stock Option (right to buy) $64.5 2012-05-14 Common Stock (84000) 84000 Direct

Footnotes

F1: On September 29, 2003, the common stock of 3M Company split 2-for-1. The shares of common stock reported on Table I and all options reported on Table II have been adjusted to reflect the split.

F2: Shares held in corporate custody as restricted shares and awarded under the applicable 3M Management Stock Ownership Program pursuant to Rule 16b-3(d) have been distributed to participant (including shares withheld for taxes) pursuant to the provisions of the Program.

F3: The following information would typically be included in Column 5 of Table I.
-Individual currently owns 1,060 shares of indirectly-held common stock holding (401k/PAESOP), which includes shares acquired during the fiscal year pursuant to the 3M Voluntary Investment Plan. 1 share held by reporting person's spouse.