Russell Torres - Apr 29, 2022 Form 4 Insider Report for KIMBERLY CLARK CORP (KMB)

Role
President, KCNA
Signature
Jeffrey S. McFall as attorney-in-fact for Russell Torres
Stock symbol
KMB
Transactions as of
Apr 29, 2022
Transactions value $
-$393,722
Form type
4
Date filed
5/2/2022, 04:54 PM
Previous filing
Apr 27, 2022
Next filing
Apr 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMB Common Stock Options Exercise $0 +6.4K +185.83% $0.00 9.84K Apr 29, 2022 Direct F1, F2
transaction KMB Common Stock Tax liability -$394K -2.84K -28.81% $138.83 7.01K Apr 29, 2022 Direct F3

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 Restricted Share Units 4/29/2020(w/Dividends reinvested) Options Exercise $0 -6.4K -50% $0.00 6.4K Apr 29, 2022 Common Stock 6.4K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted share units that have vested and are paid out in shares of common stock. Includes restricted share units which were accrued based on dividends paid on the Corporation's common stock.
F2 Represents time-based restricted share units payable on a 1-for-1 basis, granted under the Kimberly-Clark Corporation Equity Participation Plan. Additional restricted share units are accrued based on dividends paid on the Corporation's common stock.
F3 This transaction represents the automatic surrender of shares to the issuer upon vesting of time-based restricted shares units to satisfy the reporting person's tax withholding obligations.
F4 Represents time-based restricted share units payable on a 1-for-1 basis, granted under the Kimberly-Clark Corporation Equity Participation Plan. Additional restricted share units are accrued based on dividendspaid on the Corporation's common stock.
F5 The restricted share units vest in one-third increments on each of the first through third anniversaries of the grant date.