Raj Kumar - 02 Feb 2024 Form 4 Insider Report for KIRBY CORP (KEX)

Role
Exec VP and CFO
Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Issuer symbol
KEX
Transactions as of
02 Feb 2024
Net transactions value
-$103,360
Form type
4
Filing time
06 Feb 2024, 08:52:45 UTC
Previous filing
12 Dec 2023
Next filing
27 Feb 2024
SEC
View on sec.gov

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 +2,953 +53% $0.000000 8,521 03 Feb 2024 Direct F1
transaction KEX Common Stock, par value $0.10 per share Tax liability $103,360 -1,234 -14% $83.76 7,287 03 Feb 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 -1,455 -25% $0.000000 4,365 03 Feb 2024 Common Stock 1,455 Direct F1, F2
transaction KEX Restricted Stock Units Options Exercise $0 -1,498 -20% $0.000000 5,992 03 Feb 2024 Common Stock 1,498 Direct F1, F3
transaction KEX Restricted Stock Units Award $0 +6,570 $0.000000 6,570 02 Feb 2024 Common Stock 6,570 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.