Tamera Fenske - 31 Oct 2023 Form 4 Insider Report for KIMBERLY CLARK CORP (KMB)

Signature
Jeffrey S. McFall as attorney-in-fact for Tamera Fenske
Issuer symbol
KMB
Transactions as of
31 Oct 2023
Net transactions value
-$224,684
Form type
4
Filing time
01 Nov 2023, 12:22:10 UTC
Previous filing
27 Apr 2023
Next filing
29 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMB Common Stock Options Exercise $0 +4,162 $0.000000 4,162 31 Oct 2023 Direct F1, F2
transaction KMB Common Stock Tax liability $224,684 -1,878 -45% $119.64 2,284 31 Oct 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 10/31/2022(w/Dividends reinvested) Options Exercise $0 -4,162 -33% $0.000000 8,325 31 Oct 2023 Common Stock 4,162 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, 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 time-based restricted share 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.