X0306 4 2017-05-16 0000055785 KIMBERLY CLARK CORP KMB 0001412476 Mielke Thomas J. P.O. BOX 619100 DALLAS TX 75261-9100 1 SVP - General Counsel Common Stock 2017-05-12 5 G 0 700.0000 0.0000 D 23542.7263 D Common Stock 2017-05-16 4 M 0 17059.0000 98.9241 A 40601.7263 D Common Stock 2017-05-16 4 S 0 3049.0000 128.1300 D 37552.7263 D Common Stock 2017-05-16 4 S 0 17059.0000 128.1100 D 20493.7263 D Common Stock 1196.3381 I By Wife Stock Option (Right to Buy) 98.9241 2017-05-16 4 M 0 17059.0000 0.0000 D 2023-05-01 Common Stock 17059.0000 17058.0000 D This transaction was executed in multiple trades at prices ranging from $128.10 to $128.15. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. 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. Employee stock option granted under the Kimberly-Clark Corporation 2011 Equity Participation Plan. All historical share and stock option exercise price data in this Form 4 have been adjusted to reflect the Corporation's spin-off of its wholly owned subsidiary Halyard Health, Inc. on October 31, 2014. The adjustments were made to preserve the intrinsic value of the reporting person's stock options existing prior to the spin-off. Stock options are fully vested and exercisable /s/ Jeffrey S. McFall as attorney-in-fact for Thomas J. Mielke 2017-05-16