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3M CO — Director's Dealing 2010
Dec 7, 2010
17737_dirs_2010-12-07_10df4149-8c0a-4ff4-9900-0fefb0de14cf.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: 2010-12-06
Reporting Person: BUCKLEY GEORGE W (Director, CHAIRMAN OF THE BOARD & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-06 | Common Stock | M | 132808 | $86.88 | Acquired | 176039 | Direct |
| 2010-12-06 | Common Stock | F | 56710 | $86.88 | Disposed | 119329 | Direct |
| 2010-12-06 | Common Stock | M | 10797 | $86.88 | Acquired | 130126 | Direct |
| 2010-12-06 | Common Stock | F | 4611 | $86.88 | Disposed | 125515 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-12-06 | Restricted Stock Units | $ | M | 132808 | Disposed | Common Stock (132808) | Direct | |
| 2010-12-06 | Restricted Stock Units | $ | M | 10797 | Disposed | Common Stock (10797) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of 3M common stock.
F2: Distribution of shares as a result of vesting of a portion of the restricted stock units (56,710 shares withheld for taxes).
F3: Distribution of shares as a result of vesting of a portion of the restricted stock units (4,611 shares withheld for taxes).
F4: The terms of the initial award (157,808 restricted stock units) provided for vesting as follows: 25,000 restricted stock units on 12/31/2006 and 132,808 on 12/6/2010.
F5: The terms of the initial award (50,000 restricted stock units) provided for vesting in five equal annual installments on the anniversary of the grant date, 12/6/2005.