KIRBY CORP — Director's Dealing 2011

Feb 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KIRBY CORP (KEX)
CIK: 0000056047
Period of Report: 2011-02-07

Reporting Person: PYNE J H (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-07	Common Stock, par value $.10 per share	F	16644	$49.05	Disposed	394077	Direct
2011-02-07	Common Stock, par value $.10 per share	M	24536	$27.6025	Acquired	418613	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-07	Employee Stock Option (Right to Buy)	$27.6025	M	24536	Disposed	2011-02-15	Common Stock (24536)	Direct

Holdings (Non-Derivative)

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