SEC Form 4 · accession 0001225208-18-008312
KIMBERLY CLARK CORP · KMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sergio Cruz
Officer — President, Latin America
Period of report
Apr 29, 2018
Accepted (ET)
May 1, 2018 · 2:39 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 | Apr 29, 2018 | A | 2,378 | $0.00 | A | 2,378 | D | |
| Common StockF2,F3 | Apr 29, 2018 | M | 1,040 | $0.00 | A | 3,418 | D | |
| Common Stock | Apr 29, 2018 | F | 472 | $104.51 | D | 2,946 | D | |
| Common Stock | Apr 29, 2018 | F | 1,079 | $104.51 | D | 1,867 | 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)F2,F3,F6 | $0.00 | Apr 29, 2018 | M | 1,040 | D | — | — | Common Stock | 1,040 | 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 time-based restricted share 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 share units to satisfy the reporting person's tax withholding obligations.
- F6The restricted share units vested on April 29, 2018.