Kimberly K. Underhill - 26 Jul 2021 Form 4 Insider Report for KIMBERLY CLARK CORP (KMB)

Signature
/s/ Jeffrey S. McFall as attorney-in-fact for Kimberly K. Underhill
Issuer symbol
KMB
Transactions as of
26 Jul 2021
Net transactions value
-$197,217
Form type
4
Filing time
27 Jul 2021, 08:43:25 UTC
Previous filing
02 Jul 2021
Next filing
19 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMB Common Stock Options Exercise $2,386,188 +19,018 +44% $125.47 62,042 26 Jul 2021 Direct
transaction KMB Common Stock Sale $2,583,405 -19,018 -31% $135.84 43,024 26 Jul 2021 Direct F1
holding KMB Common Stock 2,585 26 Jul 2021 401(k) and Profit Sharing Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KMB Stock Option (Right to Buy) Options Exercise $0 -19,018 -70% $0.000000 8,320 26 Jul 2021 Common Stock 19,018 $125.47 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $135.37 to $136.22. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F2 Shares are held by the trustee of the Kimberly-Clark Corporation 401(k) and Profit Sharing Plan and beneficially owned by the reporting person as of recent practicable date.
F3 Employee stock option granted under the Kimberly-Clark Corporation 2011 Equity Participation Plan.
F4 In general, no option may be exercised until one year after it has been granted; after the end of one year, it may be exercised as to 30 percent or less of the total shares subject to options, after the end of the second year, an additional 30 percent, and after the end of the third year, all options may be exercised.