SEC Form 4 · accession 0001225208-16-032388
KIMBERLY CLARK CORP · KMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sandra MacQuillan
Officer — SVP Chief Supply Chain Officer
Period of report
Apr 29, 2016
Accepted (ET)
May 3, 2016 · 5:04 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 StockF1,F2 | Apr 29, 2016 | M | 3,164 | $0.00 | A | 3,164 | D | |
| Common Stock | Apr 29, 2016 | F | 1,057 | $125.19 | D | 2,107 | 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 04/29/2015 (w/dividends reinvested)F1,F2,F4 | $0.00 | Apr 29, 2016 | M | 3,164 | D | — | — | Common Stock | 3,164 | 12,653 | 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 vest in one-fifth increments on each of the first through fifth anniversaries of the grant date.