Sec Form 4 Filing - Azbell Michael T. @ KIMBERLY CLARK CORP - 2012-05-11

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 Azbell Michael T. 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) Vice President and Controller (Last) (First) (Middle) P.O. BOX 619100 3. Date of Earliest Transaction (MM/DD/YY) 05/11/2012 (Street) DALLAS, TX75261-9100 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 05/11/2012 M 9,195 A $ 58.73 13,197 D Common Stock 05/11/2012 M 8,443 A $ 61.59 21,640 D Common Stock 05/11/2012 M 4,067 A $ 63.1413 25,707 D Common Stock 05/11/2012 S 21,705 D $ 79.4829 4,002 D Common Stock 4,194.1399 I 401(k) and Profit Sharing Plan ( 1 )

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) $ 58.73 05/11/2012 M 9,195 ( 2 ) 04/26/2016 Common Stock 9,195 $ 0 0 D Stock Option (Right to Buy) $ 63.1413 05/11/2012 M 4,067 ( 3 ) 04/28/2014 Common Stock 4,067 $ 0 0 D Stock Option (Right to Buy) $ 61.59 05/11/2012 M 8,443 ( 4 ) 04/28/2015 Common Stock 8,443 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Azbell Michael T. P.O. BOX 619100 DALLAS, TX75261-9100 Vice President and Controller Signatures /s/ Steve W. Milton as attorney-in-fact for Michael T. Azbell 05/15/2012 Signature of Reporting Person Date

Explanation of Responses:

( 1 )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. ( 2 )The stock option was granted on April 26, 2006 and is fully vested and exercisable. ( 3 )The stock option was granted on April 28, 2004 and is fully vested and exercisable. ( 4 )The stock option was granted on April 28, 2005 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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