KIMBERLY CLARK CORP — Director's Dealing 2021

May 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KIMBERLY CLARK CORP (KMB)
CIK: 0000055785
Period of Report: 2021-04-29

Reporting Person: Torres Russell (President, KCNA)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-29	Common Stock	A	6184.0000	$0.0000	Acquired	6184.0000	Direct
2021-04-29	Common Stock	F	2740.0000	$132.6300	Disposed	3444.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-29	Restricted Share Units 4/29/2020(w/Dividends reinvested)	$	M	6184.8200	Disposed		Common Stock (6184.8200)	Direct
2021-04-29	Stock Option (Right to Buy)	$132.6300	A	49009.0000	Acquired	2031-04-29	Common Stock (49009.0000)	Direct

Footnotes

F1: Represents 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.

F2: Represents restricted share units, payable on a 1-for-1 basis. Additional restricted share units are accrued based on dividends paid on the Corporation's common stock.

F3: This 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.

F4: The restricted share units vest in one-third increments on each of the first through third anniversaries of the grant date.

F5: Employee stock option.

F6: 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.