Paula Ramos - 29 Apr 2023 Form 4 Insider Report for KIMBERLY CLARK CORP (KMB)

Role: Chief Strategy Officer
Signature: Jeffrey S. McFall as attorney-in-fact for Paula Ramos
Issuer symbol: KMB
Transactions as of: 29 Apr 2023
Net transactions value: -$57,811
Form type: 4
Filing time: 01 May 2023, 15:55:13 UTC
Previous filing: 27 Apr 2023
Next filing: 24 Apr 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	$0	+808	+209%	$0.000000	1,194	29 Apr 2023	Direct	F1, F2
transaction	KMB	Common Stock	Tax liability	$57,811	-399	-33%	$144.89	795	29 Apr 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 4/29/2021(w/dividends reinvested)	Options Exercise	$0	-808	-100%	$0.000000^*	0	29 Apr 2023	Common Stock	808		Direct	F1, F2, F4

* 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 and 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	The restricted share units vest in one-half increments on each of the first and second anniversaries of the grant date.