UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): May 14, 2019

 

 

3M Company

(Exact name of registrant as specified in its Charter)

 

 

Delaware

 

1-3285

 

41-0417775

(State or other jurisdiction
of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer
Identification No.)

 

3M Center, St. Paul, Minnesota

 

55144-1000

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (651) 733-1110

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class:

 

Trading Symbol(s)

 

Name of each exchange on which registered:

Common Stock, $0.01 par value per share

 

MMM
MMM

 

New York Stock Exchange, Inc.
Chicago Stock Exchange, Inc.

1.500% Notes due 2026

 

MMM26

 

New York Stock Exchange, Inc.

Floating Rate Notes due 2020

 

 

 

New York Stock Exchange, Inc.

0.375% Notes due 2022

 

MMM22A

 

New York Stock Exchange, Inc.

0.950% Notes due 2023

 

MMM23

 

New York Stock Exchange, Inc.

1.750% Notes due 2030

 

MMM30

 

New York Stock Exchange, Inc.

1.500% Notes due 2031

 

MMM31

 

New York Stock Exchange, Inc.

 

 

 

 

New York Stock Exchange, Inc.

 

Note: the common stock of the Registrant is also traded on the SWX Swiss Exchange

 

Securities registered pursuant to section 12(g) of the Act: None

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

 

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders

 

At the 2019 Annual Meeting of Stockholders of the Company held on May 14, 2019, the votes cast with respect to each item of business properly presented at the meeting are as follows:

 

Proposal No. 1 — The stockholders elected each of the twelve nominees to the Board of Directors for a one-year term by the vote of the majority of votes cast, in accordance with 3M’s Bylaws.

 

 

 

FOR

 

AGAINST

 

ABSTAIN

 

BROKER NON-VOTE

 

Thomas “Tony” K. Brown

 

389,073,221

 

2,661,423

 

1,279,528

 

108,297,831

 

Pamela J. Craig

 

389,286,268

 

2,631,750

 

1,096,154

 

108,297,831

 

David B. Dillon

 

388,439,098

 

3,332,741

 

1,242,333

 

108,297,831

 

Michael L. Eskew

 

373,102,647

 

18,577,921

 

1,333,604

 

108,297,831

 

Herbert L. Henkel

 

382,841,753

 

8,987,986

 

1,184,433

 

108,297,831

 

Amy E. Hood

 

388,967,460

 

2,998,775

 

1,047,937

 

108,297,831

 

Muhtar Kent

 

387,951,959

 

3,756,137

 

1,306,076

 

108,297,831

 

Edward M. Liddy

 

379,580,350

 

12,177,245

 

1,256,577

 

108,297,831

 

Dambisa F. Moyo

 

389,046,212

 

2,824,332

 

1,143,628

 

108,297,831

 

Gregory R. Page

 

389,294,876

 

2,524,116

 

1,195,180

 

108,297,831

 

Michael F. Roman

 

375,871,716

 

14,867,560

 

2,274,896

 

108,297,831

 

Patricia A. Woertz

 

389,053,345

 

2,926,175

 

1,034,652

 

108,297,831

 

 

Proposal No. 2 — The stockholders ratified the appointment of PricewaterhouseCoopers LLP as 3M’s independent registered public accounting firm for 2019.

 

FOR

 

AGAINST

 

ABSTAIN

 

BROKER NON-
VOTE

 

483,323,579

 

16,189,105

 

1,799,319

 

N/A

 

 

Proposal No. 3 — The stockholders gave an advisory approval of the compensation of the Company’s Named Executive Officers as described in the Company’s 2019 Proxy Statement.

 

FOR

 

AGAINST

 

ABSTAIN

 

BROKER NON-
VOTE

 

369,206,304

 

19,551,942

 

4,255,926

 

108,297,831

 

 

Proposal No.4 — The stockholders did not approve the stockholder proposal on setting target amounts for CEO compensation.*

 

FOR

 

AGAINST

 

ABSTAIN

 

BROKER NON-
VOTE

 

38,494,266

 

346,502,328

 

8,017,578

 

108,297,831

 

 

2

 

*Under the General Corporation Law of the State of Delaware, the affirmative “FOR” vote of a majority of those shares present in person or represented by proxy at the meeting and entitled to vote on the matter is required to approve the stockholder proposal. In tabulating the voting result, abstentions and, if applicable, broker non-votes are not counted as votes “FOR” or “AGAINST” the proposal. An abstention will, however, be counted as entitled to vote on a proposal and will, therefore, have the effect of a vote “AGAINST.”  Applying this standard, the percentage in favor of the stockholder proposal is calculated by dividing the number of FOR votes by the sum of the number of FOR, AGAINST and ABSTAIN votes.

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

3M COMPANY

 

 

 

By:

/s/ Gregg M. Larson

 

 

Gregg M. Larson,

 

 

Deputy General Counsel and Secretary

 

 

Dated: May 15, 2019

 

 

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