SMITH MARSCHALL 4
4 · 3M CO · Filed Feb 17, 2012
Insider Transaction Report
Form 4
3M COMMM
SMITH MARSCHALL
VICE PRESIDENT LEGAL
Transactions
- Sale
Common Stock
2012-02-16$87.59/sh−184$16,117→ 10,378 total - Exercise/Conversion
Common Stock
2012-02-15$54.11/sh+16,500$892,815→ 26,876 total - Tax Payment
Common Stock
2012-02-15$87.01/sh−2,664$231,795→ 13,951 total - Sale
Common Stock
2012-02-16$87.58/sh−100$8,758→ 12,762 total - Tax Payment
Common Stock
2012-02-15$87.01/sh−10,261$892,810→ 16,615 total - Sale
Common Stock
2012-02-16$87.58/sh−989$86,618→ 12,962 total - Sale
Common Stock
2012-02-16$87.58/sh−100$8,758→ 12,862 total - Sale
Common Stock
2012-02-16$87.58/sh−2,200$192,680→ 10,562 total - Sale
Common Stock
2012-02-16$87.60/sh−2$175→ 10,376 total - Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
2012-02-15−16,500→ 17,951 totalExercise: $54.11From: 2010-02-09Exp: 2019-02-08→ Common Stock (16,500 underlying)
Footnotes (1)
- [F1]This Form is being filed to report the exercise of a 3M stock option for a total of 16,500 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 3,575 shares of 3M common stock. As a result of this transaction, 2,664 shares were sold to pay withholding taxes to the respective government agencies.