Dorman Lynn Strahan - 23 Jan 2023 Form 4 Insider Report for KIRBY CORP (KEX)

Role
President-Kirby Engine Systems
Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Issuer symbol
KEX
Transactions as of
23 Jan 2023
Net transactions value
-$97,623
Form type
4
Filing time
25 Jan 2023, 18:47:51 UTC
Previous filing
01 Feb 2022
Next filing
03 Feb 2023
SEC
View on sec.gov

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 $262,503 +5,124 +26% $51.23 24,749 23 Jan 2023 Direct
transaction KEX Common Stock, par value $0.10 per share Tax liability $294,485 -4,582 -19% $64.27 20,167 23 Jan 2023 Direct
transaction KEX Common Stock, par value $0.10 per share Options Exercise $0 +2,240 +11% $0.000000 22,407 24 Jan 2023 Direct F1
transaction KEX Common Stock, par value $0.10 per share Tax liability $65,640 -1,015 -4.5% $64.67 21,392 24 Jan 2023 Direct
holding KEX Common Stock, par value $0.10 per share 2,245 23 Jan 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 -5,124 -100% $0.000000* 0 23 Jan 2023 Common Stock 5,124 $51.23 Direct
transaction KEX Restricted Stock Units Options Exercise $0 -424 -100% $0.000000* 0 24 Jan 2023 Common Stock 424 Direct F1, F2
transaction KEX Restricted Stock Units Options Exercise $0 -433 -50% $0.000000 433 24 Jan 2023 Common Stock 433 Direct F1, F3
transaction KEX Restricted Stock Units Options Exercise $0 -437 -33% $0.000000 874 24 Jan 2023 Common Stock 437 Direct F1, F4
transaction KEX Restricted Stock Units Options Exercise $0 -946 -25% $0.000000 2,838 24 Jan 2023 Common Stock 946 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 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.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney