Sec Form 4 Filing - Bauer Joanne B @ KIMBERLY CLARK CORP - 2012-04-29

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Bauer Joanne B
2. Issuer Name and Ticker or Trading Symbol
KIMBERLY CLARK CORP [ KMB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, K-C Healthcare
(Last) (First) (Middle)
1400 HOLCOMB BRIDGE ROAD
3. Date of Earliest Transaction (MM/DD/YY)
04/29/2012
(Street)
ROSWELL, GA30076-2199
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/30/2012 M 13,912 A $ 71.88 35,210 D
Common Stock 04/30/2012 M 13,438 A $ 49.61 48,648 D
Common Stock 04/30/2012 M 12,989 A $ 61.59 61,637 D
Common Stock 04/30/2012 M 10,169 A $ 63.1413 71,806 D
Common Stock 04/30/2012 S 6,803 D $ 78.3876 65,003 D
Common Stock 04/30/2012 S 50,508 D $ 78.3765 14,495 D
Common Stock 04/29/2012 A 1,584 ( 1 ) A $ 0 1,758.025 I By Spouse
Common Stock 04/29/2012 F( 2 ) 515 D $ 78.68 1,243.025 I By Spouse
Common Stock 04/30/2012 M 6,678 A $ 71.88 7,921.025 I By Spouse
Common Stock 04/30/2012 M 2,520 A $ 49.61 10,441.025 I By Spouse
Common Stock 04/30/2012 S 9,198 D $ 78.417 1,243.025 I By Spouse
Common Stock 05/01/2012 S 1,069 D $ 78.675 174.025 I By Spouse
Common Stock 7,495.1 I 401(k) and Profit Sharing Plan ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $ 71.88 04/30/2012 M 13,912 ( 4 ) 04/25/2017 Common Stock 13,912 $ 0 0 D
Stock Option (Right to Buy) $ 63.1413 04/30/2012 M 10,169 ( 5 ) 04/28/2014 Common Stock 10,169 $ 0 0 D
Stock Option (Right to Buy) $ 61.59 04/30/2012 M 12,989 ( 6 ) 04/28/2015 Common Stock 12,989 $ 0 0 D
Stock Option (Right to Buy) $ 49.61 04/30/2012 M 13,438 ( 7 ) 04/29/2019 Common Stock 13,438 $ 0 0 D
Stock Option (Right to Buy) $ 71.88 04/30/2012 M 6,678 ( 4 ) 04/25/2017 Common Stock 6,678 $ 0 0 I By Spouse
Stock Option (Right to Buy) $ 49.61 04/30/2012 M 2,520 ( 7 ) 04/29/2019 Common Stock 2,520 $ 0 0 I By Spouse
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bauer Joanne B
1400 HOLCOMB BRIDGE ROAD
ROSWELL, GA30076-2199
President, K-C Healthcare
Signatures
/s/ Steve W. Milton as attorney-in-fact for Joanne B. Bauer 05/01/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents performance-based restricted share units that have vested and are paid out in shares of common stock.
( 2 )This transaction represents the automatic surrender of shares to the issuer upon vesting of performance-based restricted shares units to satisfy the tax withholding obligations of the reporting person's spouse.
( 3 )Shares 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.
( 4 )Stock option granted on April 25, 2007 and is fully vested and exercisable.
( 5 )Stock option granted on April 28, 2004 and is fully vested and exercisable.
( 6 )Stock option granted on April 28, 2005 and is fully vested and exercisable.
( 7 )Stock option granted on April 29, 2009 and is fully vested and exercisable.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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