KIRBY CORP — Director's Dealing 2019

May 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KIRBY CORP (KEX)
CIK: 0000056047
Period of Report: 2019-05-03

Reporting Person: MILLER SCOTT P (VP - CIO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-05-03	Restricted Stock Units	$	A	4015	Acquired		Common Stock (4015)	Direct
2019-05-03	Stock Option (Right to Buy)	$84.90	A	6705	Acquired	2026-05-03	Common Stock (6705)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive cash or one share of common stock of the issuer.

F2: The restricted stock units vest in five equal annual installments beginning on January 24, 2020. Cash or shares of common stock of the issuer, at the election of the issuer, will be delivered to the reporting person on or as soon as practicable after the vesting dates.

F3: Option is exercisable 33% after one year, 67% after two years and 100% after three years from the date of grant.