William G. Harvey - Jan 24, 2022 Form 4 Insider Report for KIRBY CORP (KEX)

Role: Exec VP Finance
Signature: Ronald A. Dragg, Agent and Attorney-in-Fact
Stock symbol: KEX
Transactions as of: Jan 24, 2022
Transactions value $: -$111,013
Form type: 4
Date filed: 1/26/2022, 02:44 PM

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	+6.83K	+173.84%	$0.00	10.8K	Jan 24, 2022	Direct	F1
transaction	KEX	Common Stock, par value $0.10 per share	Tax liability	-$111K	-1.76K	-16.38%	$63.04	8.99K	Jan 24, 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	-848	-50%	$0.00	848	Jan 24, 2022	Common Stock	848		Direct	F2
transaction	KEX	Restricted Stock Units	Options Exercise	$0	-1.39K	-33.33%	$0.00	2.79K	Jan 24, 2022	Common Stock	1.39K		Direct	F3
transaction	KEX	Restricted Stock Units	Options Exercise	$0	-1.45K	-25%	$0.00	4.34K	Jan 24, 2022	Common Stock	1.45K		Direct	F4
transaction	KEX	Restricted Stock Units	Options Exercise	$0	-3.14K	-20%	$0.00	12.5K	Jan 24, 2022	Common Stock	3.14K		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.