Nelson Urdaneta - Apr 26, 2023 Form 4 Insider Report for KIMBERLY CLARK CORP (KMB)

Role
Chief Financial Officer
Signature
Jeffrey S. McFall as attorney-in-fact for Nelson Urdaneta
Stock symbol
KMB
Transactions as of
Apr 26, 2023
Transactions value $
-$263,094
Form type
4
Date filed
4/27/2023, 04:58 PM
Previous filing
Apr 27, 2022
Next filing
Apr 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMB Common Stock Options Exercise $0 +4.65K +465.3% $0.00 5.65K Apr 26, 2023 Direct F1, F2
transaction KMB Common Stock Tax liability -$263K -1.83K -32.41% $143.61 3.82K Apr 26, 2023 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 4/26/2022 (w/dividends reinvested) Options Exercise $0 -4.65K -50% $0.00 4.65K Apr 26, 2023 Common Stock 4.65K Direct F1, F2, F4
transaction KMB Restricted Share Units 4/26/2023 (w/dividends reinvested) Award $0 +7.52K $0.00 7.52K Apr 26, 2023 Common Stock 7.52K Direct F2, 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 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 and will be paid in shares at the end of the vesting period.
F3 This transaction represents the automatic surrender of shares to the issuer upon vesting of restricted share units to satisfy the reporting person's tax withholding obligations.
F4 The restricted share units vest in one-half increments on each of the first and second anniversaries of the grant date.
F5 The restricted share units vest 30 percent on each of the first and second anniversaries of the grant date and the remaining 40 percent on the third anniversary of the grant date.