Jeffrey P. Melucci - 26 Apr 2024 Form 4 Insider Report for KIMBERLY CLARK CORP (KMB)

Role
Chief Bus. & Transf. Officer
Signature
Jeffrey S. McFall as attorney-in-fact for Jeffrey P. Melucci
Issuer symbol
KMB
Transactions as of
26 Apr 2024
Net transactions value
-$968,144
Form type
4
Filing time
29 Apr 2024, 18:13:11 UTC
Previous filing
28 Feb 2024
Next filing
30 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 +1,908 +4.9% $0.000000 40,791 26 Apr 2024 Direct F1, F2
transaction KMB Common Stock Tax liability $101,700 -752 -1.8% $135.24 40,039 26 Apr 2024 Direct F3
transaction KMB Common Stock Sale $866,444 -6,390 -16% $135.59 33,649 29 Apr 2024 Direct F4

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 (w/dividends reinvested) Options Exercise $0 -1,908 -30% $0.000000 4,453 26 Apr 2024 Common Stock 1,908 Direct F1, F2, F5
* 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 This transaction was executed in multiple trades at prices ranging from $135.5904 to $135.625. 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.
F5 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.