SEC Form 4 · accession 0001225208-15-021331
KIMBERLY CLARK CORP · KMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D. Hsu
Officer — Group Pres., KCNA
Period of report
Nov 15, 2015
Accepted (ET)
Nov 24, 2015 · 11:16 am EST
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 StockF1,F2 | Nov 15, 2015 | M | 6,845 | $0.00 | A | 6,928 | D | |
| Common Stock | Nov 15, 2015 | F | 2,987 | $117.32 | D | 3,941 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F2,F4 | — | Nov 15, 2015 | M | 6,845 | D | — | — | Common Stock | 6,845 | 0 | D |
Explanation of responses
- F1Represents restricted share units that have vested and are paid out in shares of common stock.
- F2Represents restricted share units payable on a 1-for-1 basis, granted under the Kimberly-Clark Corporation 2011 Equity Participation Plan. Additional restricted share units are accrued based on dividends paid on the Corporation's common stock.
- F3This 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.
- F4The restricted share units vested on November 15, 2015.