Michael D. Hsu - 26 Apr 2023 Form 4 Insider Report for KIMBERLY CLARK CORP (KMB)

Role
Chairman of the Board and CEO, Director
Signature
/s/ Jeffrey S. McFall as attorney-in-fact for Michael D. Hsu
Issuer symbol
KMB
Transactions as of
26 Apr 2023
Net transactions value
-$1,710,215
Form type
4
Filing time
26 Apr 2023, 17:54:47 UTC
Previous filing
20 Mar 2023
Next filing
28 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMB Common Stock Options Exercise $4,999,861 +46,508 +42% $107.51 158,176 26 Apr 2023 Direct
transaction KMB Common Stock Sale $6,710,077 -46,508 -29% $144.28 111,668 26 Apr 2023 Direct F1
holding KMB Common Stock 21,991 26 Apr 2023 By Trust 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 -46,508 -100% $0.000000* 0 26 Apr 2023 Common Stock 46,508 $107.51 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 $144.00 to $144.55. 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 Michael D. Hsu Special Trust is a family trust for the benefit of the reporting person's spouse and certain other relatives. The reporting person's spouse is trustee of the trust.
F3 Employee stock option granted under the Kimberly-Clark Corporation Equity Participation Plan.
F4 Stock options are fully vested and exercisable.