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3M CO Director's Dealing 2003

Oct 27, 2003

17737_dirs_2003-10-27_484a0ec0-057a-4d23-b012-e02d9b95302a.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: 2003-10-23

Reporting Person: POWELL DAVID W (VICE PRESIDENT MARKETING)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-04-29 Common Stock G 100 Disposed 24137 Direct
2003-10-10 Common Stock G 900 Disposed 47577 Direct
2003-10-23 Common Stock S 3000 $76.06 Disposed 44577 Direct
2003-10-24 Common Stock F 44 $70.375 Disposed 44533 Direct
2003-10-23 Common Stock I 850 $75.93 Disposed 1937 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Incentive Stock Option (right to buy) $31.5175 2006-05-14 Common Stock (3172) 3172 Direct
Incentive Stock Option (right to buy) $43.35 2010-05-09 Common Stock (2306) 2306 Direct
Incentive Stock Option (right to buy) $45.85 2007-05-13 Common Stock (2180) 2180 Direct
Incentive Stock Option (right to buy) $46.675 2008-05-12 Common Stock (2142) 2142 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) $46.675 2008-05-12 Common Stock (824) 824 Direct
Non-Qualified Stock Option (right to buy) $47.5 2009-05-10 Common Stock (19016) 19016 Direct
Non-Qualified Stock Option (right to buy) $48.225 2005-05-06 Common Stock (4788) 4788 Direct
Non-Qualified Stock Option (right to buy) $48.25 2004-05-07 Common Stock (3946) 3946 Direct
Non-Qualified Stock Option (right to buy) $48.25 2006-05-12 Common Stock (6060) 6060 Direct
Non-Qualified Stock Option (right to buy) $58.625 2011-05-08 Common Stock (38296) 38296 Direct
Non-Qualified Stock Option (right to buy) $61.85 2013-05-12 Common Stock (41500) 41500 Direct
Non-Qualified Stock Option (right to buy) $64.5 2012-05-14 Common Stock (40000) 40000 Direct
Non-Qualified Stock Option (right to buy) $66.95 2007-05-11 Common Stock (6654) 6654 Direct
Non-Qualified Stock Option (right to buy) $66.95 2008-05-12 Common Stock (6032) 6032 Direct
Non-Qualified Stock Option (right to buy) $66.95 2010-05-07 Common Stock (14484) 14484 Direct

Footnotes

F1: The directly-held common stock holding reported in Table I includes shares acquired during the fiscal year pursuant to 3M's General Employee Stock Purchase Plan.

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: 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.