David W. Grzebinski - 03 Feb 2023 Form 4 Insider Report for KIRBY CORP (KEX)

Role: President & CEO, Director
Signature: Ronald A. Dragg, Agent and Attorney-in-Fact
Issuer symbol: KEX
Transactions as of: 03 Feb 2023
Transactions value $: -$198,535
Form type: 4
Filing time: 07 Feb 2023, 09:47:28 UTC
Previous filing: 03 Feb 2023
Next filing: 28 Mar 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	$0	+6.82K	+8.23%	$0.00	89.7K	03 Feb 2023	Direct	F1
transaction	KEX	Common Stock, par value $0.10 per share	Tax liability	-$199K	-2.68K	-2.99%	$73.97	87K	03 Feb 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	-6.82K	-20%	$0.00	27.3K	03 Feb 2023	Common Stock	6.82K		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	The restricted stock units vest in five equal annual installments beginning on February 3, 2023. 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 after the vesting dates.