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WORLD KINECT CORP — Director's Dealing 2010
Dec 6, 2010
31916_dirs_2010-12-06_07af611f-a886-4738-82c4-30c0f6f71278.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WORLD FUEL SERVICES CORP (INT)
CIK: 0000789460
Period of Report: 2010-12-02
Reporting Person: KASBAR MICHAEL J (Director, President and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-12-02 | Common Stock | M | 70771 | $2.975 | Acquired | 1113034 | Direct |
| 2010-12-02 | Common Stock | S | 70771 | $31.2694 | Disposed | 1042263 | Direct |
| 2010-12-02 | Common Stock | M | 274953 | $17.415 | Acquired | 1317216 | Direct |
| 2010-12-02 | Common Stock | D | 196244 | $31.69 | Disposed | 1120972 | Direct |
| 2010-12-02 | Common Stock | M | 216910 | $21.225 | Acquired | 1337882 | Direct |
| 2010-12-02 | Common Stock | D | 171389 | $31.69 | Disposed | 1166493 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-12-02 | Stock Option | $2.975 | M | 70771 | Disposed | 2011-10-11 | Common Stock (70771) | Direct |
| 2010-12-02 | Stock-Settled Stock Appreciation Right | $17.415 | M | 274953 | Disposed | 2011-03-21 | Common Stock (274953) | Direct |
| 2010-12-02 | Stock-Settled Stock Appreciation Right | $21.225 | M | 216910 | Disposed | 2011-06-20 | Common Stock (216910) | Direct |
Footnotes
F1: The sales reported in this Form 4 were effected pursuant to a pre-arranged, non-discretionary trading plan adopted by the reporting person on March 15, 2010 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
F2: The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $30.70 to $31.53. 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.
F3: Includes shares withheld by the issuer to pay the applicable taxes for the SSAR conversion reported in Table II of this Form 4.
F4: The number shown is the closing price for the issuer's common stock on the NYSE on December 2, 2010.
F5: These awards were granted to the reporting person, without payment therefor, as compensation for serving as an executive officer of the issuer.