KIMBERLY CLARK CORP 4
4 · KIMBERLY CLARK CORP · Filed May 1, 2009
Insider Transaction Report
Form 4
VEST RANDY J
Vice President and Controller
Transactions
- Award
Stock Option (Right to Buy)
2009-04-29+11,422→ 11,422 totalExercise: $49.61Exp: 2019-04-29→ Common Stock (11,422 underlying) - Award
Common Stock
2009-04-29+937→ 83,255 total - Tax Payment
Common Stock
2009-04-29$49.31/sh−248$12,229→ 83,007 total
Footnotes (4)
- [F1]Represents performance-based restricted share units that vested on April 26, 2009, subject to approval by the Management Development and Compensation Committee of the Board of Directors of the issuer (the "Committee") of the payout amount, and are paid out in shares of common stock of the issuer. This payout amount, which is 30% of the targeted performance-based restricted share units grant award on April 26, 2006, was approved by the Committee at its meeting on April 29, 2009.
- [F2]This transaction represents the automatic surrender of shares to the issuer upon the vesting of performance-based restricted share units on the vesting date of April 26, 2009, subject to the approval of the Committee of the payout amount, at its meeting on April 29, 2009, to satisfy the reporting person's tax withholding obligations.
- [F3]Employee stock option granted under the Kimberly-Clark Corporation 2001 Equity Participation Plan.
- [F4]The option vests in three annual installments of 30%, 30% and 40% beginning on April 29, 2010.