FORM 3  U.S. Securities and Exchange Commission           OMB Approval
                Washington, D.C.  20549           OMB Number        3235-0104
                                                  Expires:  December 31, 2000
                                                  Estimated ave.burden
                                                  hours per response......0.5


                  INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF
                SECURITIES Filed pursuant to Section 16(a) of the
                        Securities Exchange Act of 1934,
             Section17(a) of the Public Utility Holding Company Act
                   of 1935 or Section 30(f) of the Investment
                               Company Act of 1940
- --------------------------------------------------------------------------------
1.  Name and Address      2.  Date of Event Requiring    3. IRS or Soc.Sec.No.
    of Reporting Person       Statement (Month/Day/Yr)      of Reporting Person
                                                            (Voluntary)
Johnson  Walter      E.               07/17/01
- -------------------------   ---------------------------     --------------------
(Last)  (First)  (Middle)

4400 Post Oak Parkway, 4th Floor
- ------------------------                    4. Issuer Name and Ticker or Trading
        (Street)                               Symbol

Houston  Texas  77027                           Kirby Corporation (KEX)
- ------------------------                       ---------------------------------
  (City) (State)    (ZIP)

5.   Relationship of Reporting Person       6. If Amendment, Date of Original
     to Issuer (Check all applicable)
        X   Director        10% Owner          ---------------------------------
     -------         -------                      (Month/Day/Year)
            Officer         Other
     -------         -------
   (give title below)(specify below)        7. Individual or Joint/Group Filing
                                               (Check Applicable Line)
                                                X
     --------------------------------          ---  Form filed by one Reporting
                                                    Person

                                               ---  Form filed by more than one
                                                    Reporting Person*


- ------------------------------------------------------------------------------------------------------------ Table I - Non-Derivative Securities Beneficially Owned - ------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Amount of 3. Ownership Form: 4. Nature of Indirect (Instr. 4) Securities Direct (D) or Beneficial Beneficially Indirect (I) Ownership Owned (Instr. 4) (Instr. 5) (Instr. 5) - --------------------------------- ---------------- --------------- ------------------ - --------------------------------- ---------------- --------------- ------------------ - --------------------------------- ---------------- --------------- ------------------ - --------------------------------- ---------------- --------------- ------------------ - --------------------------------- ---------------- --------------- ------------------ - --------------------------------- ---------------- --------------- ------------------ - --------------------------------- ---------------- --------------- ------------------ Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Print or Type Responses) * If the Form is filed by more than one Reporting Person, see Instruction 5(b)(v)
FORM 3 (continued) Page 2 - ------------------------------------------------------------------------------------------------------------ Table II - Derivative Securities Beneficially Owned (e.g. puts, calls, warrants, options, convertible securities) - ------------------------------------------------------------------------------------------------------------ 1. Title of 2. Date Exercisable and 3. Title and Amount of Securities Derivative Expiration Date Underlying Derivative Security Security (Month/Day/Year) (Instr. 4) ------------------------------------------------------------------------ Date Expiration Amount or Number Exercisable Date Title of Shares Director Stock Option (Right to Buy) 7/17/01 7/17/11 Common Stock 5,000 - --------------------------------- -------------- --------------- -------------- -------------------- Director Stock Option (1) (Right to Buy) 3/31/02 7/17/11 Common Stock 1,867 - --------------------------------- -------------- --------------- -------------- -------------------- - --------------------------------- -------------- --------------- -------------- -------------------- - --------------------------------- -------------- --------------- -------------- -------------------- 4. Conversion or Exercise 5. Ownership Form of 6. Nature of Indirect Beneficial Price of Derivative Derivative Security: Ownership Security Direct (D) or Indirect (I) (Instr. 5) (Instr. 4) (Instr. 5) 24.135 D - --------------------------------- ------------------------------------ --------------------------------- 24.135 D - --------------------------------- ------------------------------------ --------------------------------- - --------------------------------- ------------------------------------ --------------------------------- - --------------------------------- ------------------------------------ --------------------------------- - --------------------------------- ------------------------------------ --------------------------------- - --------------------------------- ------------------------------------ ---------------------------------
Explanation of Responses: (1) Option is exercisable one-third on 9/30/01, one-third on 12/31/01 and one-third on 3/31/02
/s/ Walter E. Johnson 7/26/01 ------------------------------- ---------- **Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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