David W. Grzebinski - 24 Jan 2022 Form 4 Insider Report for KIRBY CORP (KEX)

Role: President & CEO, Director
Signature: Ronald A. Dragg, Agent and Attorney-in-Fact
Issuer symbol: KEX
Transactions as of: 24 Jan 2022
Net transactions value: -$550,087
Form type: 4
Filing time: 26 Jan 2022, 14:42:56 UTC
Previous filing: 17 Nov 2021
Next filing: 01 Feb 2022
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	+18,748	+31%	$0.000000	78,984	24 Jan 2022	Direct	F1
transaction	KEX	Common Stock, par value $0.10 per share	Tax liability	$84,852	-1,346	-1.7%	$63.04	77,638	24 Jan 2022	Direct
transaction	KEX	Common Stock, par value $0.10 per share	Tax liability	$465,235	-7,380	-9.5%	$63.04	70,258	24 Jan 2022	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	-3,264	-50%	$0.000000	3,264	24 Jan 2022	Common Stock	3,264		Direct	F2
transaction	KEX	Restricted Stock Units	Options Exercise	$0	-3,571	-33%	$0.000000	7,142	24 Jan 2022	Common Stock	3,571		Direct	F3
transaction	KEX	Restricted Stock Units	Options Exercise	$0	-3,763	-25%	$0.000000	11,289	24 Jan 2022	Common Stock	3,763		Direct	F4
transaction	KEX	Restricted Stock Units	Options Exercise	$0	-8,150	-20%	$0.000000	32,600	24 Jan 2022	Common Stock	8,150		Direct	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 22, 2018, vest in five equal annual installments beginning on January 24, 2019. 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, 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.
F4	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.
F5	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.