Shane Azzi - May 1, 2022 Form 4 Insider Report for KIMBERLY CLARK CORP (KMB)

Role
Chief Supply Chain Officer
Signature
Jeffrey S. McFall as attorney-in-fact for Shane Azzi
Stock symbol
KMB
Transactions as of
May 1, 2022
Transactions value $
-$81,077
Form type
4
Date filed
5/2/2022, 08:03 PM
Previous filing
Apr 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMB Common Stock Award $0 +1.63K $0.00 1.63K May 1, 2022 Direct F1
transaction KMB Common Stock Options Exercise $0 +877 +53.97% $0.00 2.5K May 1, 2022 Direct F2, F3
transaction KMB Common Stock Tax liability -$31.2K -225 -8.99% $138.83 2.28K May 1, 2022 Direct F4
transaction KMB Common Stock Tax liability -$49.8K -359 -15.77% $138.83 1.92K May 1, 2022 Direct F5

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 5/1/2019 (w/dividends reinvested) Options Exercise $0 -877 -100% $0.00* 0 May 1, 2022 Common Stock 877 $0.00 Direct F2, F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted share units that have vested and are paid out in shares of common stock.
F2 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.
F3 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 onthe Corporation's common stock.
F4 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.
F5 This transaction represents the automatic surrender of shares to the issuer upon vesting of performance-based restricted share units to satisfy the reporting person's tax withholding obligations.
F6 Represents time-based restricted share units that have vested and are paid out in shares of common stock.