3M CO — Director's Dealing 2020

Feb 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 3M CO (MMM)
CIK: 0000066740
Period of Report: 2020-02-04

Reporting Person: Ludgate Kristen M (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-04	Common Stock	A	891.81	—	Acquired	2493.3487	Direct
2020-02-04	Common Stock	F	437.132	—	Disposed	2056.2167	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-04	Non-qualified Stock Option (Right to Buy)	$157.24	A	41663	Acquired	2030-02-03	Common Stock (41663)	Direct

Footnotes

F1: Represents shares of 3M common stock that will be delivered pursuant to the terms of performance share award made to the reporting person on March 1, 2017. The performance-based vesting requirements applicable to such award were satisfied on the date reported in Column 2 above, which represents the date on which the level of performance attained was certified.

F2: Includes shares acquired under 3M's General Employee Stock Purchase Plan.

F3: The number of shares withheld for taxes was estimated and will be revised by amendment, if necessary.

F4: The stock option will vest and become exercisable in a series of three equal installments on each of the first, second and third anniversary of the grant date.