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: 2021-05-01

Reporting Person: Drexler Andrew (Vice President and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-01	Common Stock	A	423.0000	$0.0000	Acquired	675.0000	Direct
2021-05-01	Common Stock	F	165.0000	$133.3200	Disposed	510.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-01	Restricted Share Units 5/1/2019 (w/dividends reinvested)	$	M	423.7600	Disposed		Common Stock (423.7600)	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.