SEC Form 4 · accession 0001225208-16-033271
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
May 12, 2016
Accepted (ET)
May 13, 2016 · 10:51 am 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 Stock | May 12, 2016 | M | 5,080 | $110.72 | A | 7,187 | D | |
| Common StockF1 | May 12, 2016 | S | 5,080 | $129.7481 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2,F3 | $110.72 | May 12, 2016 | M | 5,080 | D | — | Apr 29, 2025 | Common Stock | 5,080 | 11,855 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $129.73 to $129.755. 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.
- F2Employee stock option granted under the Kimberly-Clark Corporation 2011 Equity Participation Plan.
- F3Stock options granted on April 29, 2015. In general, no option may be exercised until one year after it has been granted; after the end of one year, it may be exercised as to 30 percent or less of the total shares subject to options, after the end of the second year, an additional 30 percent, and after the end of the third year, all options may be exercised.