SEC Form 4 · accession 0001225208-16-027526
KIMBERLY CLARK CORP · KMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T. Azbell
Officer — Vice President and Controller
Period of report
Feb 20, 2016
Accepted (ET)
Feb 23, 2016 · 3:34 pm 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 | Feb 20, 2016 | A | 4,684 | $0.00 | A | 19,993 | D | |
| Common Stock | Feb 20, 2016 | F | 1,282 | $130.43 | D | 18,711 | D | |
| Common StockF3 | Feb 22, 2016 | S | 3,402 | $132.5458 | D | 15,309 | D | |
| Common StockF4 | holding | — | — | — | 4,733 | I | 401(k) and Profit Sharing Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents performance-based restricted share units that have vested and are paid out in shares of common stock.
- F2This transaction represents the automatic surrender of shares to the issuer upon vesting of performance-based restricted shares units to satisfy the reporting person's tax withholding obligations.
- F3This transaction was executed in multiple trades at prices ranging from $132.51 to $132.5950. 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.
- 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.
Remarks
azbellpoa.txt