KIRBY CORP — Director's Dealing 2011

Dec 7, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KIRBY CORP (KEX)
CIK: 0000056047
Period of Report: 2011-12-06

Reporting Person: HOLCOMB G STEPHEN (Vice Pres-Investor Relations)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-06	Common Stock, par value $.10 per share	M	5600	$35.66	Acquired	20967	Direct
2011-12-06	Common Stock, par value $.10 per share	S	5600	$64.1575	Disposed	15367	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-06	Employee Stock Option (Right to Buy)	$35.66	M	5600	Disposed	2012-01-26	Common Stock (5600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10 per share	6328	Indirect

Footnotes

F1: The reported price is the weighted average sales price. The sales were at prices ranging from $64.15 to $64.16 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.