SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GRENZ M KAY

(Last)

(First)

(Middle)

(Street)

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
3M CO [ MMM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
VICE PRESIDENT HR

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/17/2003		M		897	A	96.85	17,910	D
Common Stock	06/17/2003		F		669	D	129.745	17,241	D
Common Stock	06/17/2003		F		78	D	129.745	17,163	D
Common Stock	06/17/2003		M		4,096	A	93.35	21,259	D
Common Stock	06/17/2003		F		2,947	D	129.745	18,312	D
Common Stock	06/17/2003		F		398	D	129.745	17,914	D
Common Stock	06/17/2003		M		2,011	A	95	19,925	D
Common Stock	06/17/2003		F		1,472	D	129.745	18,453	D
Common Stock	06/17/2003		F		186	D	129.745	18,267	D
Common Stock	06/17/2003		M		9,508	A	95	27,775	D
Common Stock	06/17/2003		F		6,961	D	129.745	20,814	D
Common Stock	06/17/2003		F		883	D	129.745	19,931	D
Common Stock	06/17/2003		M		3,298	A	117.25	23,229	D
Common Stock	06/17/2003		F		2,980	D	129.745	20,249	D
Common Stock	06/17/2003		F		110	D	129.745	20,139	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	93.35	06/17/2003		M			4,096	05/12/1999	05/12/2008	Common Stock	4,096	$0	0	D
Non-Qualified Stock Option (right to buy)	95	06/17/2003		M			2,011	02/10/2000	05/06/2005	Common Stock	2,011	$0	0	D
Non-Qualified Stock Option (right to buy)	95	06/17/2003		M			9,508	05/11/2000	05/10/2009	Common Stock	9,508	$0	0	D
Non-Qualified Stock Option (right to buy)	96.85	06/17/2003		M			897	08/09/1998	05/07/2004	Common Stock	897	$0	0	D
Non-Qualified Stock Option (right to buy)	117.25	06/17/2003		M			3,298	05/08/2002	05/08/2011	Common Stock	3,298	$0	15,850	D
Non-Qualified Stock Option (right to buy)	129.75	06/17/2003		A		747		12/17/2003	05/07/2004	Common Stock	747	$0	747	D
Non-Qualified Stock Option (right to buy)	129.75	06/17/2003		A		1,658		12/17/2003	05/06/2005	Common Stock	1,658	$0	1,658	D
Non-Qualified Stock Option (right to buy)	129.75	06/17/2003		A		3,345		12/17/2003	05/12/2008	Common Stock	3,345	$0	3,345	D
Non-Qualified Stock Option (right to buy)	129.75	06/17/2003		A		7,844		12/17/2003	05/11/2009	Common Stock	7,844	$0	7,844	D
Non-Qualified Stock Option (right to buy)	129.75	06/17/2003		A		3,090		12/17/2003	05/06/2011	Common Stock	3,090	$0	3,090	D

Explanation of Responses:

	By: George Ann Biros For: M. Kay Grenz	06/17/2003
	** 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).
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