3M CO Reported by HARDGROVE IAN F FORM 4 (Statement of Changes in Beneficial Ownership) Filed 02/21/12 for the Period Ending 02/16/12 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. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5 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) Hardgrove Ian F 3M CO [ MMM ] (Last) (First) 3. Date of Earliest Transaction (MM/DD/YYYY) (Middle) (Street) (State) _____ Other (specify 4. If Amendment, Date Original Filed VP, Marketing and Sales 6. Individual or Joint/Group Filing (Check (MM/DD/YYYY) Applicable Line) ST. PAUL, MN 55144-1000 (City) _____ 10% Owner __ X __ Officer (give title below) below) 2/16/2012 3M CENTER _____ 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. 4. Securities Acquired Deemed Code (A) or Disposed of (D) Execution (Instr. 8) (Instr. 3, 4 and 5) Date, if any (A) or Code V Amount (D) Price 2/16/2012 Common Stock 2/16/2012 Common Stock 2/16/2012 Common Stock 2/16/2012 Common Stock 2/16/2012 Common Stock 2/16/2012 Common Stock 2/16/2012 Common Stock 2/16/2012 Common Stock 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) S 100 D $87.31 9793 D S 100 D $87.3102 9693 D S 395 D $87.311 9298 D S 2400 D $87.316 6898 D M (1) 6908 A $64.5 13806 D F 5083 D $87.65 8723 D F 634 D $87.65 8089 D 350 D $0 7739 D 1191 D $87.692 6548 D G 2/17/2012 Common Stock 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) S V 7. Nature of Indirect Beneficial Ownership (Instr. 4) 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. Deemed Execution Date, if any 4. Trans. Code (Instr. 8) 5. Number of 6. Date Exercisable Derivative and Expiration Date Securities Acquired (A) or Disposed of (D) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 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 0 D (Instr. 3, 4 and 5) Code V (A) Non-qualified Stock Option (Right to Buy) $64.5 2/16/2012 Explanation of Responses: (D) Date Expiration Title Exercisable Date M (1) 6908 5/15/2003 5/14/2012 Common Stock Amount or Number of Shares 6908 11. Nature of Indirect Beneficial Ownership (Instr. 4) ( 1) This Form is being filed to report the exercise of a 3M stock option for a total of 6,908 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 1,191 shares of 3M common stock. As a result of this transaction, 634 shares were sold to pay withholding taxes to the respective government agencies. Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Hardgrove Ian F 3M CENTER ST. PAUL, MN 55144-1000 Other VP, Marketing and Sales Signatures /s/ George Ann Biros, attorney-in-fact for Ian F. Hardgrove 2/21/2012 ** 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.