KIRBY CORP — Director's Dealing 2012

Feb 10, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KIRBY CORP (KEX)
CIK: 0000056047
Period of Report: 2012-02-09

Reporting Person: GOWER BOB G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-10	Common Stock, par value $.10 per share	M	5200	$29.60	Acquired	49122	Direct
2012-02-10	Common Stock, par value $.10 per share	M	6000	$41.24	Acquired	55122	Direct
2012-02-10	Common Stock, par value $.10 per share	M	1746	$41.24	Acquired	56868	Direct
2012-02-09	Common Stock, par value $.10 per share	S	12946	$67.3027	Disposed	43922	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-10	Director Stock Option (Right to Buy)	$29.60	M	5200	Disposed	2019-04-28	Common Stock (5200)	Direct
2012-02-10	Director Stock Option (Right to Buy)	$41.24	M	6000	Disposed	2020-04-27	Common Stock (6000)	Direct
2012-02-10	Director Stock Option (Right to Buy)	$41.24	M	1746	Disposed	2020-04-27	Common Stock (1746)	Direct

Footnotes

F1: The reported price is the weighted average sales price. The sales were at prices ranging from $67.09 to $67.63 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.