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3M CO — Director's Dealing 2010
Aug 5, 2010
17737_dirs_2010-08-05_5bdf07bf-c236-4756-a2f3-a1cec5eb93eb.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: 3M CO (MMM)
CIK: 0000066740
Period of Report: 2010-07-27
Reporting Person: MacDonald Robert D III (VICE PRESIDENT MARKETING)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-07-27 | Common Stock | F | 1655 | $86.80 | Disposed | 29627 | Direct |
| 2010-07-27 | Common Stock | F | 1633 | $86.80 | Disposed | 32990 | Direct |
| 2010-07-27 | Common Stock | F | 443 | $86.80 | Disposed | 33905 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-07-27 | Non-qualified Stock Option (Right to Buy) | $86.80 | A | 3267 | Acquired | 2011-05-06 | Common Stock (3267) | Direct |
| 2010-07-27 | Non-qualified Stock Option (Right to Buy) | $86.80 | A | 14017 | Acquired | 2013-05-13 | Common Stock (14017) | Direct |
| 2010-07-27 | Non-qualified Stock Option (Right to Buy) | $86.80 | A | 13395 | Acquired | 2012-05-14 | Common Stock (13395) | Direct |
Footnotes
F1: On July 27, 2010, the reporting person completed three option exercises via swap, automatically received three reload grants, and reported these transactions on July 29, 2010. Due to a tax processing error, the reporting person's tax withholding for each exercise was incorrectly reported. The tax calculation error also impacted the number of shares awarded for each reload grant. This report corrects the tax withholding for each option exercise and corrects the subsequent number of shares awarded for each reload grant.
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