Kurt A. Niemietz - Jan 24, 2022 Form 4 Insider Report for KIRBY CORP (KEX)

Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Stock symbol
KEX
Transactions as of
Jan 24, 2022
Transactions value $
-$15,697
Form type
4
Date filed
1/26/2022, 02:58 PM
Previous filing
May 17, 2021
Next filing
Feb 1, 2022

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 +834 +205.93% $0.00 1.24K Jan 24, 2022 Direct F1
transaction KEX Common Stock, par value $0.10 per share Tax liability -$15.7K -249 -20.1% $63.04 990 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 -341 -25% $0.00 1.02K Jan 24, 2022 Common Stock 341 Direct F2
transaction KEX Restricted Stock Units Options Exercise $0 -493 -20% $0.00 1.97K Jan 24, 2022 Common Stock 493 Direct F3
* 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 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.
F3 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.