SEC Form 4 · accession 0001225208-15-010816
KIMBERLY CLARK CORP · KMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Falk
Officer — Chairman of the Board and CEO · Director
Period of report
Apr 29, 2015
Accepted (ET)
May 1, 2015 · 2:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000055785
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 5, 2015 | G | 58,065 | $0.00 | D | 0 | D | |
| Common StockF2 | Mar 5, 2015 | G | 58,065 | $0.00 | A | 523,798 | I | Held by TKM II, Ltd. |
| Common StockF3 | holding | — | — | — | 13,886 | I | 401(k) and Profit Sharing Plan | |
| Common StockF4 | holding | — | — | — | 99,411 | I | Held by TKM, Ltd. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F5,F6 | $110.72 | Apr 29, 2015 | A | 203,215 | A | — | Apr 29, 2025 | Common Stock | 203,215 | 203,215 | D |
Explanation of responses
- F1The reporting person transferred shares of the issuer's common stock to TKM II, Ltd.
- F2TKM II, Ltd. is a family limited partnership which is owned by (i) an entity owned by a Trust, controlled by the reporting person and his spouse as general partner, and (ii) a Trust controlled by the reporting person and his spouse as limited partners.
- F3Shares are held by the trustee of the Kimberly-Clark Corporation 401(k) and Profit Sharing Plan and beneficially owned by the reporting person as of recent practicable date.
- F4TKM, Ltd. is a family limited partnership which is owned by (i) an entity owned by a trust, controlled by the reporting person and his spouse as general partner and (ii) two family trusts previously established for the benefit of the reporting person's son as limited partners.
- F5Employee stock option granted under the Kimberly-Clark Corporation 2011 Equity Participation Plan.
- F6In general, no option may be exercised until one year after it has been granted; after the end of one year, it may be exercised as to 30 percent or less of the total shares subject to options, after the end of the second year, an additional 30 percent, and after the end of the third year, all options may be exercised.