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^*

BURGSTAHLER ROBERT J

(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)
SENIOR VICE PRESIDENT

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2003

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	06/23/2003		M		2,073	A	48.2372	23,363	D
Common Stock	06/23/2003		F		769	D	129.915	22,594	D
Common Stock	06/23/2003		M		1,745	A	57.2696	24,339	D
Common Stock	06/23/2003		F		769	D	129.915	23,570	D
Common Stock	06/23/2003		M		1,586	A	63.035	25,156	D
Common Stock	06/23/2003		F		769	D	129.915	24,387	D
Common Stock	06/23/2003		M		1,090	A	91.7	25,477	D
Common Stock	06/23/2003		F		769	D	129.915	24,708	D
Common Stock	06/23/2003		M		1,071	A	93.35	25,779	D
Common Stock	06/23/2003		F		769	D	129.915	25,010	D
Common Stock	06/23/2003		M		1,052	A	95	26,062	D
Common Stock	06/23/2003		F		769	D	129.915	25,293	D
Common Stock	06/23/2003		M		1,153	A	86.7	26,446	D
Common Stock	06/23/2003		F		769	D	129.915	25,677	D
Common Stock	06/23/2003		M		852	A	117.25	26,529	D
Common Stock	06/23/2003		F		768	D	129.915	25,761	D
Common Stock	06/23/2003		M		9,090	A	115.6	34,851	D
Common Stock	06/23/2003		F		8,088	D	129.915	26,763	D
Common Stock	06/23/2003		F		347	D	129.915	26,416	D
Common Stock	06/23/2003		M		3,274	A	115.6	29,690	D
Common Stock	06/23/2003		F		2,913	D	129.915	26,777	D
Common Stock	06/23/2003		F		125	D	129.915	26,652	D
Common Stock	06/23/2003		M		1,668	A	115.6	28,320	D
Common Stock	06/23/2003		F		1,484	D	129.915	26,836	D
Common Stock⁽¹⁾	06/23/2003		F		63	D	129.915	26,773	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)
Incentive Stock Option (right to buy)	48.2372	06/23/2003		M			2,073	05/10/1995	05/10/2004	Common Stock	2,073	$0	0	D
Incentive Stock Option (right to buy)	57.2696	06/23/2003		M			1,745	05/09/1996	05/09/2005	Common Stock	1,745	$0	0	D
Incentive Stock Option (right to buy)	63.035	06/23/2003		M			1,586	05/14/1997	05/14/2006	Common Stock	1,586	$0	0	D
Incentive Stock Option (right to buy)	86.7	06/23/2003		M			1,153	05/09/2001	05/09/2010	Common Stock	1,153	$0	0	D
Incentive Stock Option (right to buy)	91.7	06/23/2003		M			1,090	05/13/1998	05/13/2007	Common Stock	1,090	$0	0	D
Incentive Stock Option (right to buy)	93.35	06/23/2003		M			1,071	05/12/1999	05/12/2008	Common Stock	1,071	$0	0	D
Incentive Stock Option (right to buy)	95	06/23/2003		M			1,052	05/11/2000	05/10/2009	Common Stock	1,052	$0	0	D
Incentive Stock Option (right to buy)	117.25	06/23/2003		M			852	05/08/2002	05/08/2011	Common Stock	852	$0	0	D
Non-Qualified Stock Option (right to buy)	115.575	06/23/2003		M			9,090	05/21/2002	05/09/2010	Common Stock	9,090	$0	0	D
Non-Qualified Stock Option (right to buy)	115.6	06/23/2003		M			3,274	05/21/2002	05/11/2007	Common Stock	3,274	$0	354	D
Non-Qualified Stock Option (right to buy)	115.6	06/23/2003		M			1,668	05/21/2002	05/09/2008	Common Stock	1,668	$0	0	D
Non-Qualified Stock Option (right to buy)	129.95	06/23/2003		A		3,038		12/23/2003	05/11/2007	Common Stock	3,038	$0	3,038	D
Non-Qualified Stock Option (right to buy)	129.95	06/23/2003		A		1,547		12/23/2003	05/12/2008	Common Stock	1,547	$0	1,547	D
Non-Qualified Stock Option (right to buy)	129.95	06/23/2003		A		8,435		12/23/2003	05/07/2010	Common Stock	8,435	$0	8,435	D

Explanation of Responses:

1. The following information would typically be included in Column 5 of Table I. - -Individual currently owns 1,839 shares of indirectly-held common stock holding (401k/PAESOP), which includes shares acquired during the fiscal year pursuant to the 3M Voluntary Investment Plan.

	By: George Ann Biros For: Robert J. Burgstahler	06/24/2003
	** 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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