3M CO Reported by LOBEY JEAN FORM 4 (Statement of Changes in Beneficial Ownership) Filed 08/03/10 for the Period Ending 08/02/10 Address Telephone CIK Symbol SIC Code Industry Sector Fiscal Year 3M CENTER BLDG. 220-11W-02 ST PAUL, MN 55144-1000 6517332204 0000066740 MMM 3841 - Surgical and Medical Instruments and Apparatus Constr. - Supplies & Fixtures Capital Goods 12/31 http://www.edgar-online.com © Copyright 2015, EDGAR Online, Inc. All Rights Reserved. Distribution and use of this document restricted under EDGAR Online, Inc. Terms of Use. FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). OMB APPROVAL OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response... 0.5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 1. Name and Address of Reporting Person * 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Lobey Jean 3M CO [ MMM ] (Last) (First) (Middle) 3. Date of Earliest Transaction (MM/DD/YYYY) __ X __ Officer (give title below) below) 8/2/2010 3M CENTER (Street) (State) _____ 10% Owner _____ Other (specify 4. If Amendment, Date Original Filed EXEC VP SFTY SEC & PROT SVCS 6. Individual or Joint/Group Filing (Check (MM/DD/YYYY) Applicable Line) ST. PAUL, MN 55144-1000 (City) _____ Director _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Trans. Date 2A. 3. Trans. Deemed Code Execution (Instr. 8) Date, if any Code Common Stock 8/2/2010 M Common Stock 8/2/2010 Common Stock 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) (A) or V Amount (D) 19590 5. Amount of Securities Beneficially Owned Following Reported Transaction (s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) Price A $54.11 20735 D S 100 (1) D $86.92 20635 D 8/2/2010 S 100 (1) D $86.9227 20535 D Common Stock 8/2/2010 S 100 (1) D $86.93 20435 D Common Stock 8/2/2010 S 100 (1) D $86.975 20335 D Common Stock 8/2/2010 S 100 (1) D $86.98 20235 D Common Stock 8/2/2010 S 100 (1) D $87.00 20135 D S 150 (1) D $87.01 19985 D Common Stock 8/2/2010 (1) 2750 Common Stock 8/2/2010 S (1) D $87.02 17235 D Common Stock 8/2/2010 S 63 (1) D $87.04 17172 D Common Stock 8/2/2010 S 137 (1) D $87.05 17035 D Common Stock 8/2/2010 S 100 (1) D $87.055 16935 D Common Stock 8/2/2010 S D $87.06 13535 D Common Stock 8/2/2010 S D $87.08 10345 D Common Stock 8/2/2010 S 600 (1) D $87.09 9745 D Common Stock 8/2/2010 S 400 (1) D $87.10 9345 D Common Stock 8/2/2010 S 500 (1) D $87.11 8845 D Common Stock 8/2/2010 S 200 (1) D $87.115 8645 D Common Stock 8/2/2010 S 300 (1) D $87.12 8345 D 3400 (1) 3190 (1) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Trans. Date 2A. 3. Trans. Deemed Code Execution (Instr. 8) Date, if any Code 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) (A) or V Amount (D) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 8245 D 8145 D Price Common Stock 8/2/2010 S 100 (1) Common Stock 8/2/2010 S 100 (1) D $87.1408 Common Stock 8/2/2010 S Common Stock 8/2/2010 S D 5. Amount of Securities Beneficially Owned Following Reported Transaction (s) (Instr. 3 and 4) $87.13 7. Nature of Indirect Beneficial Ownership (Instr. 4) 3800 D $87.15 4345 D 200 (1) D $87.155 4145 D D $87.16 2545 D (1) 1600 Common Stock 8/2/2010 S Common Stock 8/2/2010 S 200 (1) D $87.17 2345 D Common Stock 8/2/2010 S 300 (1) D $87.175 2045 D Common Stock 8/2/2010 S 200 (1) D $87.18 1845 D Common Stock 8/2/2010 S 400 (1) D $87.20 1445 D Common Stock 8/2/2010 S 100 (1) D $87.2019 1345 D Common Stock 8/2/2010 S 100 (1) D $87.2203 1245 D (1) Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivate Security (Instr. 3) 2. 3. Trans. Conversion Date or Exercise Price of Derivative Security 3A. 4. Trans. Deemed Code Execution (Instr. 8) Date, if any 5. Number of 6. Date Exercisable Derivative and Expiration Date Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) Code V (A) Non-qualified Stock Option (Right to Buy) $54.11 8/2/2010 M (D) 19590 (1) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) Date Expiration Title Exercisable Date 2/9/2010 2/8/2019 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction (s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) $0 39182 D Amount or Number of Shares Common Stock 19590 11. Nature of Indirect Beneficial Ownership (Instr. 4) Explanation of Responses: ( 1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on July 27, 2010. Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Lobey Jean 3M CENTER ST. PAUL, MN 55144-1000 Other EXEC VP SFTY SEC & PROT SVCS Signatures George Ann Biros, attorney-in-fact for Jean Lobey 8/3/2010 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.