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3M CO Director's Dealing 2022

Feb 9, 2022

17737_dirs_2022-02-09_ae189f55-2062-4ad3-9c41-210fccb75b32.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: 2022-02-07

Reporting Person: Dickson Zoe L (EVP & Chief HR Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-02-07 Common Stock A 511.26 Acquired 897.7959 Direct
2022-02-07 Common Stock F 148.77 Disposed 749.0259 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-02-08 Non-qualified Stock Option (Right to Buy) $162.41 A 18058 Acquired 2032-02-06 Common Stock (18058) Direct
2022-02-08 Restricted Stock Units $ A 2817 Acquired Common Stock (2817) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 256 Indirect

Footnotes

F1: Represents shares of 3M common stock that will be delivered pursuant to the terms of performance share awards made to the reporting person on March 1, 2019. The performance-based vesting requirements applicable to such awards were satisfied on the date reported in Column 2 above, which represents the date on which the level of performance attained was certified. The reporting person previously elected to defer receipt of fifty percent of the shares and will not have voting or investment powers with respect to such shares until they are issued.

F2: The number of shares withheld for taxes was estimated and will be revised by amendment if necessary.

F3: 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.

F4: Each restricted stock unit represents a contingent right to receive one share of 3M common stock.

F5: The restricted stock units vest 100% three years from the grant date of February 8, 2022