KIRBY CORP — Director's Dealing 2011

Nov 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KIRBY CORP (KEX)
CIK: 0000056047
Period of Report: 2011-11-08

Reporting Person: PYNE J H (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-08	Common Stock, par value $.10 per share	S	23558	$64.0186	Disposed	392880	Direct
2011-11-09	Common Stock, par value $.10 per share	M	23558	$35.66	Acquired	416438	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-09	Employee Stock Option (Right to Buy)	$35.66	M	23558	Disposed	2012-01-26	Common Stock (23558)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10 per share	5195	Indirect

Footnotes

F1: The reported price is the weighted average sales price. The sales were at prices ranging from $63.88 to $64.20 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.