KIRBY CORP — Director's Dealing 2012

Mar 1, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KIRBY CORP (KEX)
CIK: 0000056047
Period of Report: 2012-02-29

Reporting Person: LAWRENCE CHARLES BERDON (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-29	Common Stock, par value $.10 per share	S	35900	$68.4231	Disposed	171060	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10 per share	200000	Indirect
Common Stock, par value $.10 per share	34227	Indirect
Common Stock, par value $.10 per share	10111	Indirect

Footnotes

F1: The reported price is the weighted average sales price. The sales were at prices ranging from $68.00 to $68.88 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.

F2: These shares are owned by trusts for the benefit of members of Mr. Lawrence's family. Mr. Lawrence is not a beneficiary of the trusts, but under their terms, he has the right to acquire the property in the trusts, including the Kirby shares owned by the trusts, by substituting property of equal value.

F3: The reported shares are held by Lawrence Family Interests, LP, a limited partnership of which entities wholly owned by Mr. Lawrence and his wife are the general partners and of which Mr. Lawrence's children and trusts for their benefit are the limited partners. Mr. Lawrence disclaims beneficial ownership of the shares owned by the limited partnership except to the extent of his pecuniary interest in such shares.