SEC Form 4 · accession 0001225208-19-004381
KIMBERLY CLARK CORP · KMB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony J. Palmer
Officer — Pres Global Brands & Inno
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 5:07 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 28, 2019 | A | 8,763 | $0.00 | A | 8,763 | D | |
| Common StockF2,F3 | Feb 28, 2019 | M | 6,340 | $0.00 | A | 15,103 | D | |
| Common Stock | Feb 28, 2019 | F | 2,495 | $116.83 | D | 12,608 | D | |
| Common Stock | Feb 28, 2019 | F | 3,449 | $116.83 | D | 9,159 | D | |
| Common StockF6 | holding | — | — | — | 7,092 | I | 401(k) and Profit Sharing Plan |
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 02/29/2016 (w/dividends reinvested)F2,F7,F8 | $0.00 | Feb 28, 2019 | M | 6,340 | D | — | — | Common Stock | 6,340 | 0 | D |
Explanation of responses
- F1Represents performance-based restricted share units that have vested and are paid out in shares of common stock and includes restricted share units which were accrued based on dividends paid on the Corporation's common stock.
- F2Represents restricted share units that have vested and are paid out in shares of common stock. Includes restricted share units which were accrued based on dividends paid on the Corporation's common stock.
- F3Represents 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.
- F4This transaction represents the automatic surrender of shares to the issuer upon vesting of time-based 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.
- F6Shares are held by the trustee of the Kimberly-Clark Corporation 401(k) and Profit Sharing Plan and beneficially owned by the reporting person as of recent practicable date.
- F7Represents 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.
- F8The restricted share units vested on February 28, 2019.