SEC Form 4 · accession 0001225208-19-000029
KIMBERLY CLARK CORP · KMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey P. Melucci
Officer — SVP - General Counsel
Period of report
Dec 31, 2018
Accepted (ET)
Jan 2, 2019 · 1:44 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,F2 | Dec 31, 2018 | M | 2,302 | $0.00 | A | 6,434 | D | |
| Common Stock | Dec 31, 2018 | F | 906 | $113.94 | D | 5,528 | 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 11/11/2015 (w/dividends reinvested)F1,F2,F4 | $0.00 | Dec 31, 2018 | M | 2,302 | D | — | — | Common Stock | 2,302 | 0 | D |
Explanation of responses
- F1Represents restricted share units that have vested and are paid out in shares of common stock.
- F2Represents time-based 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 vested on December 31, 2018.