| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 06/30/2008 |
3. Issuer Name and Ticker or Trading Symbol
KIMBERLY CLARK CORP [ KMB ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 36.456(1) | D | |
| Common Stock | 6,411.82 | I | Incentive Investment Plan(2) |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Restricted Share Units 04/25/2007 | (3) | (3) | Common Stock | 3,478 | (4) | D | |
| Restricted Share Units 04/26/2006 | (5) | (5) | Common Stock | 4,824 | (4) | D | |
| Restricted Share Units 04/28/2004 | (6) | (6) | Common Stock | 1,500 | (4) | D | |
| Restricted Share Units 04/28/2005 | (7) | (7) | Common Stock | 3,067 | (4) | D | |
| Stock Option (Right to Buy) | (8) | 04/26/2016 | Common Stock | 19,297 | $58.73 | D | |
| Stock Option (Right to Buy) | (9) | 02/17/2012 | Common Stock | 2,710 | $59.9749 | D | |
| Stock Option (Right to Buy) | (10) | 04/28/2015 | Common Stock | 18,401 | $61.59 | D | |
| Stock Option (Right to Buy) | (11) | 04/28/2014 | Common Stock | 14,236 | $63.1413 | D | |
| Stock Option (Right to Buy) | (12) | 04/23/2018 | Common Stock | 19,534 | $63.99 | D | |
| Stock Option (Right to Buy) | (13) | 02/21/2011 | Common Stock | 16,270 | $68.5891 | D | |
| Stock Option (Right to Buy) | (14) | 04/25/2017 | Common Stock | 13,912 | $71.88 | D | |
| Explanation of Responses: |
| 1. Total number shares directly owned by the reporting person as of June 30, 2008. These shares are held in the Corporation's Dividend Reinvestment Program as of June 30, 2008. |
| 2. Held by the Trustee of the Kimberly-Clark Corporation Incentive Investment Plan and beneficially owned by the reporting person as of June 30, 2008. |
| 3. The restricted share units vest as follows: 1,159 on April 25, 2010; 1,159 on April 25, 2011; and 1,160 on April 25, 2012. |
| 4. Represents restricted share units, payable on a 1-for-1 basis, granted under the Kimberly-Clark Corporation 2001 Equity Participation Plan. |
| 5. The restricted share units vest as follows: 1,608 on April 26, 2009; 1,608 on April 26, 2010; and 1,608 on April 26, 2011. |
| 6. The restricted share units vest on April 28, 2009. |
| 7. The restricted share units vest as follows: 1,533 on April 28, 2009 and 1,534 on April 28, 2010. |
| 8. Stock option granted on April 26, 2006. 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. |
| 9. Stock option granted on February 18, 2002 and fully vested and exercisable. |
| 10. Stock option granted on April 28, 2005 and fully vested and exercisable. |
| 11. Stock option granted on April 28, 2004 and fully vested and exercisable. |
| 12. Stock option granted on April 23, 2008. 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. |
| 13. Stock option granted on February 22, 2001 and fully vested and exercisable. |
| 14. Option granted April 25, 2007. 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 precent 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. |
| Remarks: |
| gottungpoa.TXT |
| /s/John W. Wesley as attorney-in-fact for Lizanne C. Gottung | 07/09/2008 | |
| ** Signature of Reporting Person | Date | |
| 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 5 (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). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||