J. H. Pyne - Jan 24, 2022 Form 4 Insider Report for KIRBY CORP (KEX)

Role: Director
Signature: Ronald A. Dragg, Agent and Attorney-in-Fact
Stock symbol: KEX
Transactions as of: Jan 24, 2022
Transactions value $: -$48,289
Form type: 4
Date filed: 1/26/2022, 03:07 PM
Next filing: Feb 4, 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	+2.65K	+1.85%	$0.00	145K	Jan 24, 2022	Direct	F1
transaction	KEX	Common Stock, par value $0.10 per share	Tax liability	-$48.3K	-766	-0.53%	$63.04	145K	Jan 24, 2022	Direct
holding	KEX	Common Stock, par value $0.10 per share						6.25K	Jan 24, 2022	by Daughter

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	-2.65K	-50%	$0.00	2.65K	Jan 24, 2022	Common Stock	2.65K		Direct	F2

* 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.