SEC Form 4 · accession 0001127602-17-004774
3M CO · MMM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Hak Cheol Shin
Officer — Executive Vice President
Period of report
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 4:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000066740
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 7, 2017 | A | 8,359 | $0.00 | A | 56,989 | D | |
| Common StockF1,F2 | Feb 7, 2017 | F | 4,064 | $0.00 | D | 56,989 | D | |
| Common StockF3 | holding | — | — | — | 1,468 | I | By 401k/paesop Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F4 | $175.76 | Feb 7, 2017 | A | 50,921 | A | Feb 7, 2018 | Feb 8, 2027 | Common Stock | 50,921 | 50,921 | D |
Explanation of responses
- F1Represents shares of 3M common stock that will be delivered imminently pursuant to the terms of a performance share award made to the reporting person on March 3, 2014. 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. The number of shares withheld for taxes are estimated and will be revised by amendment, if necessary.
- F2Includes shares acquired under 3M's General Employee Stock Purchase Plan.
- F3Includes shares acquired pursuant to the 3M Voluntary Investment Plan.
- F4This option becomes exercisable in equal installments on each of the first three anniversaries of the grant date (2/7/2017).