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3M CO — Director's Dealing 2015
Feb 5, 2015
17737_dirs_2015-02-05_18be1353-0964-40d7-ab87-f255c882d4a0.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: 2015-02-03
Reporting Person: Gangestad Nicholas C (Sr. VP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-02-03 | Common Stock | A | 3344.786 | — | Acquired | 9467.786 | Direct |
| 2015-02-03 | Common Stock | F | 99 | $165.94 | Disposed | 9368.786 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-02-03 | Non-qualified Stock Option (Right to Buy) | $165.94 | A | 61512 | Acquired | 2025-02-03 | Common Stock (61512) | Direct |
Footnotes
F1: This transaction reflects the deferred receipt of 3344.786 shares of 3M Common Stock earned as the result of the vesting of the 2012 performance shares awarded to the reporting person under the 3M Long-Term Incentive Plan. The reporting person has elected to defer receipt of the shares. The number of shares withheld for FICA taxes are estimated and will be revised by amendment, if necessary.
F2: Includes shares acquired under 3M's General Employee Stock Purchase Plan.
F3: This option becomes exercisable in equal installments on each of the first three anniversaries of the grant date (2/3/2015).