SEC Form 4 · accession 0001225208-15-021333
KIMBERLY CLARK CORP · KMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimberly K Underhill
Officer — President, KCP
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 | 2,738 | $0.00 | A | 23,226 | D | |
| Common Stock | Nov 15, 2015 | F | 1,314 | $117.32 | D | 21,912 | D | |
| Common StockF4 | holding | — | — | — | 2,221 | I | 401(k) and Profit Sharing Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share Units 11/15/2012 (w/ dividends reinvested)F1,F2,F5 | — | Nov 15, 2015 | M | 2,738 | D | — | — | Common Stock | 2,738 | 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.
- F4Shares 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.
- F5The restricted share units vested on November 15, 2015.