Raj Kumar - Feb 2, 2024 Form 4 Insider Report for KIRBY CORP (KEX)

Role
Exec VP and CFO
Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Stock symbol
KEX
Transactions as of
Feb 2, 2024
Transactions value $
-$103,360
Form type
4
Date filed
2/6/2024, 08:52 AM
Previous filing
Dec 12, 2023
Next filing
Feb 27, 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 +2.95K +53.04% $0.00 8.52K Feb 3, 2024 Direct F1
transaction KEX Common Stock, par value $0.10 per share Tax liability -$103K -1.23K -14.48% $83.76 7.29K 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 -1.46K -25% $0.00 4.37K Feb 3, 2024 Common Stock 1.46K Direct F1, F2
transaction KEX Restricted Stock Units Options Exercise $0 -1.5K -20% $0.00 5.99K Feb 3, 2024 Common Stock 1.5K Direct F1, F3
transaction KEX Restricted Stock Units Award $0 +6.57K $0.00 6.57K Feb 2, 2024 Common Stock 6.57K 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.