WORLD KINECT CORP — Director's Dealing 2009

Sep 17, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WORLD FUEL SERVICES CORP (INT)
CIK: 0000789460
Period of Report: 2009-09-15

Reporting Person: KASBAR MICHAEL J (Director, President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-09-15	Common Stock	M	101577	$24.12	Acquired	802437	Direct
2009-09-15	Common Stock	D	68435	$49.57	Disposed	734002	Direct
2009-09-15	Common Stock	S	58000	$49.5446	Disposed	676002	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-09-15	Stock-Settled Stock Appreciation Right	$24.12	M	101577	Disposed	2010-05-10	Common Stock (101577)	Direct

Footnotes

F1: Includes shares withheld by the issuer to pay the applicable taxes for the SSAR conversion reported in Table II of this Form 4.

F2: The number shown is the closing price for the issuer's common stock on the NYSE on September 15, 2009.

F3: 33,142 of these shares were sold pursuant to a pre-arranged, non-discretionary trading plan adopted by the reporting person on June 15, 2009 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.

F4: The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $49.21 to $49.90. The reporting person has provided the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.

F5: 1/3 of the SSARs vested on each of January 1, 2007, 2008 and 2009.

F6: These SSARs were granted to the reporting person, without payment therefor, as compensation for serving as an executive officer of the issuer.