SEC Form 4 · accession 0001140361-18-010227
KIRBY CORP · KEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph H. Reniers
Officer — President-Kirby Distribution
Period of report
Feb 22, 2018
Accepted (ET)
Feb 26, 2018 · 5:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000056047
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 22, 2018 | A | 6,625 | A | — | — | Common Stock | 6,625 | 6,625 | D |
| Employee Stock Option (Right to Buy)F3 | $75.50 | Feb 22, 2018 | A | 10,698 | A | Feb 22, 2021 | Feb 22, 2025 | Common Stock | 10,698 | 10,698 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive cash or one share of common stock of the issuer.
- F2The restricted stock units vest in five equal annual installments beginning 1/24/19. 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.
- F3Option is exercisable 33% after one year, 67% after two years and 100% after three years from date of grant.