Dorman Lynn Strahan - 02 Feb 2024 Form 4 Insider Report for KIRBY CORP (KEX)

Role
President-Kirby Engine Systems
Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Issuer symbol
KEX
Transactions as of
02 Feb 2024
Net transactions value
-$49,837
Form type
4
Filing time
06 Feb 2024, 09:06:29 UTC
Previous filing
26 Jan 2024
Next filing
28 Mar 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 +1,394 +6.9% $0.000000 21,649 03 Feb 2024 Direct F1
transaction KEX Common Stock, par value $0.10 per share Tax liability $49,837 -595 -2.7% $83.76 21,054 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 -728 -25% $0.000000 2,184 03 Feb 2024 Common Stock 728 Direct F1, F2
transaction KEX Restricted Stock Units Options Exercise $0 -666 -20% $0.000000 2,664 03 Feb 2024 Common Stock 666 Direct F1, F3
transaction KEX Restricted Stock Units Award $0 +2,390 $0.000000 2,390 02 Feb 2024 Common Stock 2,390 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.