Raj Kumar - Dec 9, 2023 Form 4 Insider Report for KIRBY CORP (KEX)

Signature
Ronald A. Dragg, Agent and Attorney-in-Fact
Stock symbol
KEX
Transactions as of
Dec 9, 2023
Transactions value $
-$264,072
Form type
4
Date filed
12/12/2023, 04:01 PM
Previous filing
Jul 31, 2023
Next filing
Feb 6, 2024

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 +9.18K +305.93% $0.00 12.2K Dec 9, 2023 Direct F1
transaction KEX Common Stock, par value $0.10 per share Tax liability -$264K -3.61K -29.64% $73.15 8.57K Dec 9, 2023 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 -9.18K -100% $0.00* 0 Dec 9, 2023 Common Stock 9.18K Direct F1, 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 December 9, 2021, vest in two equal annual installments beginning on December 9, 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.