SEC Form 4 · accession 0001225208-15-012145
KIMBERLY CLARK CORP · KMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark A Buthman
Officer — Executive Vice President
Period of report
May 14, 2015
Accepted (ET)
May 15, 2015 · 12:07 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 | May 14, 2015 | M | 33,502 | $75.2203 | A | 153,319 | D | |
| Common Stock | May 14, 2015 | S | 33,502 | $111.00 | D | 119,817 | D |
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)F1,F2,F3 | $75.2203 | May 14, 2015 | M | 33,502 | D | — | May 2, 2022 | Common Stock | 33,502 | 0 | D |
Explanation of responses
- F1Employee stock option granted under the Kimberly-Clark Corporation 2011 Equity Participation Plan.
- F2All historical share and stock option exercise price data in this Form 4 have been adjusted to reflect the Corporation's spin-off of its wholly owned subsidiary Halyard Health, Inc. on October 31, 2014. The adjustments were made to preserve the intrinsic value of the reporting person's stock options existing prior to the spin-off.
- F3The stock options were granted on May 2, 2012, and are fully vested and exercisable.