Zackery A. Hicks - 29 Jul 2023 Form 4 Insider Report for KIMBERLY CLARK CORP (KMB)

Signature
Jeffrey S. McFall as attorney-in-fact for Zackery A. Hicks
Issuer symbol
KMB
Transactions as of
29 Jul 2023
Net transactions value
-$255,623
Form type
4
Filing time
01 Aug 2023, 14:09:02 UTC
Previous filing
20 Jun 2023
Next filing
04 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMB Common Stock Options Exercise $0 +4,980 $0.000000 4,980 29 Jul 2023 Direct F1, F2
transaction KMB Common Stock Tax liability $255,623 -1,960 -39% $130.42 3,020 29 Jul 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 07/29/2022 (w/dividends reinvested) Options Exercise $0 -4,980 -33% $0.000000 9,960 29 Jul 2023 Common Stock 4,980 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. Includes restricted share units which were accrued based on dividends paid on the Corporation's common stock.
F2 Represents restricted share units, payable on a 1-for-1 basis. 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 restricted shares units to satisfy the reporting person's tax withholding obligations.
F4 The restricted share units vest in one-third increments on each of the first through third anniversaries of the grant date.