DORMAN LYNN STRAHAN - 24 Jan 2022 Form 4 Insider Report for KIRBY CORP (KEX)

Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Issuer symbol
KEX
Transactions as of
24 Jan 2022
Net transactions value
-$76,152
Form type
4
Filing time
26 Jan 2022, 16:10:17 UTC
Previous filing
06 Dec 2021
Next filing
01 Feb 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 +2,240 +12% $0.000000 20,833 24 Jan 2022 Direct F1
transaction KEX Common Stock, par value $0.10 per share Tax liability $13,554 -215 -1% $63.04 20,618 24 Jan 2022 Direct
transaction KEX Common Stock, par value $0.10 per share Tax liability $62,599 -993 -4.8% $63.04 19,625 24 Jan 2022 Direct
holding KEX Common Stock, par value $0.10 per share 2,243 24 Jan 2022 401(k)

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 -424 -50% $0.000000 424 24 Jan 2022 Common Stock 424 Direct F2
transaction KEX Restricted Stock Units Options Exercise $0 -433 -33% $0.000000 866 24 Jan 2022 Common Stock 433 Direct F3
transaction KEX Restricted Stock Units Options Exercise $0 -437 -25% $0.000000 1,311 24 Jan 2022 Common Stock 437 Direct F4
transaction KEX Restricted Stock Units Options Exercise $0 -946 -20% $0.000000 3,784 24 Jan 2022 Common Stock 946 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.