Russell Torres - Apr 29, 2023 Form 4 Insider Report for KIMBERLY CLARK CORP (KMB)

Role
President, KCNA
Signature
Jeffrey S. McFall as attorney-in-fact for Russell Torres
Stock symbol
KMB
Transactions as of
Apr 29, 2023
Transactions value $
-$1,060,305
Form type
4
Date filed
5/1/2023, 03:56 PM
Previous filing
Apr 27, 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 Award $0 +9.89K +141.05% $0.00 16.9K Apr 29, 2023 Direct F1
transaction KMB Common Stock Options Exercise $0 +6.63K +39.25% $0.00 23.5K Apr 29, 2023 Direct F2, F3
transaction KMB Common Stock Tax liability -$426K -2.94K -12.49% $144.89 20.6K Apr 29, 2023 Direct F4
transaction KMB Common Stock Tax liability -$635K -4.38K -21.28% $144.89 16.2K Apr 29, 2023 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 4/29/2020(w/Dividends reinvested) Options Exercise $0 -6.63K -100% $0.00* 0 Apr 29, 2023 Common Stock 6.63K 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 and includes restricted share units which were accrued based on dividends paid on the Corporation's common stock.
F2 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.
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 on the 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 shares units to satisfy the reporting person's tax withholding obligations.
F6 The restricted share units vest in one-third increments on each of the first through third anniversaries of the grant date.