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

Role
Vice President and Controller
Signature
Jeffrey S. McFall as attorney-in-fact for Andrew S. Drexler
Stock symbol
KMB
Transactions as of
Apr 26, 2023
Transactions value $
-$156,614
Form type
4
Date filed
4/27/2023, 05:47 PM
Previous filing
Mar 1, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMB Common Stock Options Exercise $1M +7.97K +163.02% $125.47 12.9K Apr 27, 2023 Direct
transaction KMB Common Stock Sale -$1.16M -7.97K -61.98% $145.12 4.89K Apr 27, 2023 Direct F1

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 4/26/2023 (2 year vesting) Award $0 +2.09K $0.00 2.09K Apr 26, 2023 Common Stock 2.09K Direct F2, F3
transaction KMB Restricted Share Units 4/26/2023 (w/dividends reinvested) Award $0 +2K $0.00 2K Apr 26, 2023 Common Stock 2K Direct F2, F4
transaction KMB Stock Option (Right to Buy) Options Exercise $0 -7.97K -100% $0.00* 0 Apr 27, 2023 Common Stock 7.97K $125.47 Direct F5, F6
* 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 $145.09 to $145.20. 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 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 The restricted share units vest in one-half increments on each of the first and second anniversaries of the grant date.
F4 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.
F5 Employee stock option granted under the Kimberly-Clark Corporation Equity Participation Plan.
F6 Stock options are fully vested and exercisable.