SEC Form 4 · accession 0001567619-19-002356

KIRBY CORP · KEX

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President & CEO · Director

Period of report

Feb 1, 2019

Accepted (ET)

Feb 5, 2019 · 3:58 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000056047

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock, par value $.10 per share	Feb 1, 2019	G	1,500	$0.00	D	67,914	D
Common Stock, par value $.10 per share	Feb 5, 2019	M	8,052	$65.28	A	75,966	D
Common Stock, par value $.10 per share^F1	Feb 5, 2019	S	8,052	$75.2427	D	67,914	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F2,F3	—	Feb 1, 2019	A	17,855	A	—	—	Common Stock	17,855	17,855	D
Employee Stock Option (Right to Buy)^F4	$73.93	Feb 1, 2019	A	29,451	A	—	Feb 1, 2026	Common Stock	29,451	29,451	D
Employee Stock Option (Right to Buy	$65.28	Feb 5, 2019	M	8,052	D	Feb 15, 2015	Feb 15, 2019	Common Stock	8,052	0	D

F1The reported price is the weighted average sales price. The sales were at prices ranging from $75.12 to $75.32 per share. The reporting person will provide, upon request by the commission staff, full information regarding the number of shares sold at each separate price.
F2Each restricted stock unit represents a contingent right to receive cash or one share of common stock of the issuer.
F3The restricted stock units 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 after the vesting dates.
F4Option is exercisable 33% after one year, 67% after two years and 100% after three years from the date of grant.