Christian G. O'Neil - Jan 24, 2024 Form 4 Insider Report for KIRBY CORP (KEX)

Role
President-Kirby Inland Marine
Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Stock symbol
KEX
Transactions as of
Jan 24, 2024
Transactions value $
-$462,353
Form type
4
Date filed
1/26/2024, 02:32 PM
Previous filing
Dec 26, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KEX Common Stock, par value $0.10 per share Options Exercise $0 +15K +116.74% $0.00 27.8K Jan 24, 2024 Direct F1
transaction KEX Common Stock, par value $0.10 per share Tax liability -$462K -5.96K -21.47% $77.55 21.8K Jan 24, 2024 Direct
holding KEX Common Stock, par value $0.10 per share 5.49K Jan 24, 2024 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KEX Restricted Stock Units Options Exercise $0 -1.22K -100% $0.00* 0 Jan 24, 2024 Common Stock 1.22K Direct F1, F2
transaction KEX Restricted Stock Units Options Exercise $0 -1.23K -50% $0.00 1.23K Jan 24, 2024 Common Stock 1.23K Direct F1, F3
transaction KEX Restricted Stock Units Options Exercise $0 -2.66K -33.33% $0.00 5.32K Jan 24, 2024 Common Stock 2.66K Direct F1, F4
transaction KEX Restricted Stock Units Options Exercise $0 -9.85K -100% $0.00* 0 Jan 24, 2024 Common Stock 9.85K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive cash or one share of common stock of the issuer.
F2 These restricted stock units granted on February 1, 2019, vest in five equal annual installments beginning on January 24, 2020. Cash or shares of common stock of the issuer, at the election of the issuer, will be delivered to the reporting person on or as soon as practicable on each vesting date.
F3 These restricted stock units granted on January 31, 2020, vest in five equal annual installments beginning on January 24, 2021. Cash or shares of common stock of the issuer, at the election of the issuer, will be delivered to the reporting person on or as soon as practicable on each vesting date.
F4 These restricted stock units granted on January 29, 2021, vest in five equal annual installments beginning on January 24, 2022. Cash or shares of common stock of the issuer, at the election of the issuer, will be delivered to the reporting person on or as soon as practicable on each vesting date.
F5 The restricted stock units cliff vest on January 24, 2024. Cash or shares of common stock of the issuer, at the election of the issuer, will be delivered to the reporting person on or as soon as practicable after the vesting dates.