AI assistant
3M CO — Director's Dealing 2014
Aug 1, 2014
17737_dirs_2014-08-01_8b36bbe9-a116-43a6-9b81-640273c35e30.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: 3M CO (MMM)
CIK: 0000066740
Period of Report: 2014-07-30
Reporting Person: Holmes Christopher D (Senior VP, Supply Chain Ops)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-07-30 | Common Stock | M | 5120 | $76.80 | Acquired | 10429.2036 | Direct |
| 2014-07-30 | Common Stock | F | 2735 | $143.74 | Disposed | 7694.2036 | Direct |
| 2014-07-30 | Common Stock | F | 1149 | $143.74 | Disposed | 6545.2036 | Direct |
| 2014-07-30 | Common Stock | M | 2650 | $87.35 | Acquired | 9195.2036 | Direct |
| 2014-07-30 | Common Stock | F | 1610 | $143.74 | Disposed | 7585.2036 | Direct |
| 2014-07-30 | Common Stock | F | 501 | $143.74 | Disposed | 7084.2036 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-07-30 | Non-qualified Stock Option (Right to Buy) | $76.80 | M | 5120 | Disposed | 2015-05-08 | Common Stock (5120) | Direct |
| 2014-07-30 | Non-qualified Stock Option (Right to Buy) | $87.35 | M | 2650 | Disposed | 2016-05-09 | Common Stock (2650) | Direct |
Footnotes
F1: This Form is being filed to report the exercise of a 3M stock option for a total of 5,120 shares by means of a stock swap. A stock swap is a method of exercising a stock option in which the option holder attests to the ownership of enough shares of stock already owned by the option holder to cover the exercise price of the option being exercised. As a result of this stock swap, the reporting person acquired ownership of an additional 1,236 shares of 3M common stock. As a result of this transaction, 1,149 shares were sold to pay withholding taxes to the respective government agencies.
F2: This Form is being filed to report the exercise of a 3M stock option for a total of 2,650 shares by means of a stock swap. A stock swap is a method of exercising a stock option in which the option holder attests to the ownership of enough shares of stock already owned by the option holder to cover the exercise price of the option being exercised. As a result of this stock swap, the reporting person acquired ownership of an additional 539 shares of 3M common stock. As a result of this transaction, 501 shares were sold to pay withholding taxes to the respective government agencies.