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 11, 2021
 
3M COMPANY
(Exact Name of Registrant as Specified in Its Charter)
 
Delaware	 	File No. 1-3285	 	41-0417775	
(State or other jurisdiction of incorporation)	 	(Commission File Number)	 	(IRS 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)
 
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))	
 
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, Par Value $.01 Per Share	 	MMM	 	New York Stock Exchange, Inc.	
	 	MMM	 	Chicago Stock Exchange, Inc.	
1.500% Notes due 2026	 	MMM26	 	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.	
 
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
 
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    ¨
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the exchange Act.     ¨

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders
 
At the 2021 Annual Meeting of Shareholders of the Company held on May 11, 2021, the votes cast with respect to each item of business properly presented at the meeting are as follows:
 
Proposal No. 1 — The shareholders 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	 	
1a. Thomas “Tony” K. Brown	 	 	378,967,376	 	 	 	3,314,116	 	 	 	1,127,604	 	 	 	90,348,791	 	
1b. Pamela J. Craig	 	 	380,029,467	 	 	 	2,183,882	 	 	 	1,195,747	 	 	 	90,348,791	 	
1c. David B. Dillon	 	 	378,213,673	 	 	 	4,039,707	 	 	 	1,155,716	 	 	 	90,348,791	 	
1d. Michael L. Eskew	 	 	346,669,832	 	 	 	35,600,144	 	 	 	1,139,120	 	 	 	90,348,791	 	
1e. James R. Fitterling	 	 	379,398,824	 	 	 	2,868,668	 	 	 	1,141,604	 	 	 	90,348,791	 	
1f. Herbert L. Henkel	 	 	367,821,268	 	 	 	14,458,427	 	 	 	1,129,401	 	 	 	90,348,791	 	
1g. Amy E. Hood	 	 	378,956,682	 	 	 	3,456,788	 	 	 	995,626	 	 	 	90,348,791	 	
1h. Muhtar Kent	 	 	375,975,833	 	 	 	5,893,982	 	 	 	1,539,281	 	 	 	90,348,791	 	
1i. Dambisa F. Moyo	 	 	378,527,907	 	 	 	3,600,471	 	 	 	1,280,718	 	 	 	90,348,791	 	
1j. Gregory R. Page	 	 	353,403,883	 	 	 	28,858,609	 	 	 	1,146,604	 	 	 	90,348,791	 	
1k. Michael F. Roman	 	 	361,311,688	 	 	 	20,238,117	 	 	 	1,859,291	 	 	 	90,348,791	 	
1l. Patricia A. Woertz	 	 	378,965,547	 	 	 	3,446,631	 	 	 	996,918	 	 	 	90,348,791	 	
 
Proposal No. 2 — The shareholders ratified the appointment of PricewaterhouseCoopers LLP as 3M’s independent registered public accounting firm for 2021.
 
FOR	 	AGAINST	 	ABSTAIN	 	BROKER NON-
VOTE	
443,154,312	 	29,449,306	 	1,154,269	 	N/A	
 
Proposal No. 3 — The shareholders gave an advisory approval of the compensation of the Company’s Named Executive Officers as described in the Company’s 2021 Proxy Statement.
 
FOR	 	AGAINST	 	ABSTAIN	 	BROKER NON-
VOTE	
346,199,089	 	34,231,927	 	2,978,080	 	90,348,791	
 
Proposal No. 4 — The shareholders approved the amendement and restatement of the Company’s 2016 Long-Term Incentive Plan.
 
FOR	 	AGAINST	 	ABSTAIN	 	BROKER NON-
VOTE	
339,514,847	 	41,400,244	 	2,494,005	 	90,348,791	

 
 
Proposal No.5 — The shareholders did not approve the shareholder proposal on setting target amounts for CEO compensation.*
 
FOR	 	AGAINST	 	ABSTAIN	 	BROKER NON-
VOTE	
41,238,342	 	335,035,247	 	7,135,507	 	90,348,791	
 
Proposal No.6 — The shareholders did not approve the shareholder proposal on transitioning the Company to a public benefit corporation.*
 
FOR	 	AGAINST	 	ABSTAIN	 	BROKER NON-
VOTE	
12,650,415	 	364,679,011	 	6,079,670	 	90,348,791	
 
*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 shareholder 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 shareholder 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/ Ivan K. Fong	
 	 	
 	 	 	Ivan K. Fong,	
 	 	 	Executive Vice President, Chief Legal and Policy Officer & Secretary	

Dated: May 13, 2021