SEC Form 4 · accession 0001225208-16-027531
KIMBERLY CLARK CORP · KMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elane B Stock
Officer — Group President, K-C Int'l
Period of report
Feb 20, 2016
Accepted (ET)
Feb 23, 2016 · 3:37 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 | 9,367 | $0.00 | A | 23,311 | D | |
| Common StockF2,F3 | Feb 20, 2016 | M | 3,122 | $0.00 | A | 26,433 | D | |
| Common Stock | Feb 20, 2016 | F | 1,242 | $130.43 | D | 25,191 | D | |
| Common Stock | Feb 20, 2016 | F | 4,492 | $130.43 | D | 20,699 | 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 Units 2/20/2013 (w/ dividends reinvested)F2,F3,F6 | $0.00 | Feb 20, 2016 | M | 3,122 | D | — | — | Common Stock | 3,122 | 0 | D |
Explanation of responses
- F1Represents performance-based restricted share units that have vested and are paid out in shares of common stock.
- F2Represents restricted share units that have vested and are paid out in shares of common stock.
- F3Represents 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.
- F4This 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.
- F5This 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.
- F6The restricted share units vested on February 20, 2016.