Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
FALK THOMAS J
  2. Issuer Name and Ticker or Trading Symbol
KIMBERLY CLARK CORP [KMB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman of the Board and CEO
(Last)
(First)
(Middle)
P.O. BOX 619100
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2007
(Street)

DALLAS, TX 75261-9100
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 04/01/2007   G(1) V 0 (1) D (1) 39,207 (2) I Held by TKM, Ltd. (1)
Common Stock 04/01/2007   S(1)   0 (1) D (1) 39,207 (2) I Held by TKM, Ltd. (1)
Common Stock               10,634.4765 I Incentive Investment Plan (3)
Common Stock               81,541 D  
Common Stock               110,833 I Held by TKM II, Ltd. (4)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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 Options (Right to Buy) Granted 2/21/00 (1) 04/01/2007   G(1) V   0 (1)   (1)   (1) Common Stock (1) (1) 61,015 (2) I Held by TKM, Ltd. (1)
Stock Option (Right to Buy) Granted 02/21/00 (1) 04/01/2007   S(1)     0 (1)   (1)   (1) Common Stock (1) (1) 61,015 (2) I Held by TKM, Ltd. (1)
Stock Option (Right to Buy) Granted 02/22/01 (1) 04/01/2007   G(1) V   0 (1)   (1)   (1) Common Stock (1) (1) 33,775 (2) I Held by TKM, Ltd.
Stock Option (Right to Buy) Granted 02/22/01 (1) 04/01/2007   S(1)     0 (1)   (1)   (1) Common Stock (1) (1) 33,775 (2) I Held by TKM, Ltd.

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
FALK THOMAS J
P.O. BOX 619100
DALLAS, TX 75261-9100
  X     Chairman of the Board and CEO  

Signatures

 John W. Wesley, as attorney-in-fact for Thomas J. Falk   04/03/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The reported securities are held by TKM, Ltd., a family limited partnership which is owned by (i) an entity owned by the reporting person and his wife as general partner, (ii) the reporting person and his wife as limited partners, and (iii) two family trusts previously established for the benefit of the reporting person's son as limited partners. As previously reported, the reporting person has periodically transferred stock options to TKM, Ltd. and some of those options have previously been exercised. On April 1, 2007, the reporting person and his wife transferred to the two family trusts, by gift and by sale, additional limited partnership interests in TKM, Ltd. As a result of these transactions, the limited partnership interests in TKM, Ltd. held by the reporting person and his wife decreased from 54% to 20% and the limited partnership interests in TKM, Ltd. held by the two family trusts in the aggregate increased from 44% to 78%.
(2) There was no change in the number of securities owned by TKM, Ltd. as a result of the transfer of limited partnership interests.
(3) Held by the Trustee of the Kimberly-Clark Corporation Incentive Investment Plan. Reporting person beneficially owns the shares as of recent practicable date.
(4) TKM II, Ltd. is a family limited partnership which is owned by (i) an entity owned by the reporting person and his wife as general partner, and (ii) the reporting person and his wife as limited partners.

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