Amy D. Husted - Feb 2, 2024 Form 4 Insider Report for KIRBY CORP (KEX)

Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Stock symbol
KEX
Transactions as of
Feb 2, 2024
Transactions value $
-$147,753
Form type
4
Date filed
2/6/2024, 08:39 AM
Previous filing
Jan 26, 2024
Next filing
Feb 8, 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 +4.49K +43.7% $0.00 14.8K Feb 3, 2024 Direct F1
transaction KEX Common Stock, par value $0.10 per share Tax liability -$148K -1.76K -11.94% $83.76 13K Feb 3, 2024 Direct

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 -2.27K -25% $0.00 6.82K Feb 3, 2024 Common Stock 2.27K Direct F1, F2
transaction KEX Restricted Stock Units Options Exercise $0 -2.22K -20% $0.00 8.88K Feb 3, 2024 Common Stock 2.22K Direct F1, F3
transaction KEX Restricted Stock Units Award $0 +9.56K $0.00 9.56K Feb 2, 2024 Common Stock 9.56K Direct F1, F4
* 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 January 28, 2022, vest in five equal annual installments beginning on February 3, 2023. 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 February 1, 2023, vest in five equal annual installments beginning on February 3, 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 on each vesting date.
F4 These restricted stock units granted on February 2, 2024, vest in five equal annual installments beginning on February 3, 2025. 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.