Ronald A. Dragg - Jan 23, 2023 Form 4 Insider Report for KIRBY CORP (KEX)

Role: Vice President and Controller
Signature: Ronald A. Dragg
Stock symbol: KEX
Transactions as of: Jan 23, 2023
Transactions value $: -$48,820
Form type: 4
Date filed: 1/25/2023, 05:55 PM
Previous filing: Nov 8, 2022
Next filing: Feb 3, 2023

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	$124K	+2.42K	+21.73%	$51.23	13.6K	Jan 23, 2023	Direct
transaction	KEX	Common Stock, par value $0.10 per share	Tax liability	-$134K	-2.08K	-15.31%	$64.27	11.5K	Jan 23, 2023	Direct
transaction	KEX	Common Stock, par value $0.10 per share	Options Exercise	$0	+2.18K	+18.95%	$0.00	13.7K	Jan 24, 2023	Direct	F1
transaction	KEX	Common Stock, par value $0.10 per share	Tax liability	-$39.4K	-609	-4.45%	$64.67	13.1K	Jan 24, 2023	Direct
holding	KEX	Common Stock, par value $0.10 per share						1.52K	Jan 23, 2023	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	Employee Stock Options (Right to Buy)	Options Exercise	$0	-2.42K	-100%	$0.00^*	0	Jan 23, 2023	Common Stock	2.42K	$51.23	Direct
transaction	KEX	Restricted Stock Units	Options Exercise	$0	-887	-25%	$0.00	2.66K	Jan 24, 2023	Common Stock	887		Direct	F1, F2
transaction	KEX	Restricted Stock Units	Options Exercise	$0	-461	-33.33%	$0.00	922	Jan 24, 2023	Common Stock	461		Direct	F1, F3
transaction	KEX	Restricted Stock Units	Options Exercise	$0	-444	-50%	$0.00	444	Jan 24, 2023	Common Stock	444		Direct	F1, F4
transaction	KEX	Restricted Stock Units	Options Exercise	$0	-387	-100%	$0.00^*	0	Jan 24, 2023	Common Stock	387		Direct	F1, 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 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.
F3	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.
F4	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.
F5	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.