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WORLD KINECT CORP — Director's Dealing 2010
May 12, 2010
31916_dirs_2010-05-12_a272d497-8796-4243-8833-5d9053b0c3a8.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: 2010-05-10
Reporting Person: STEBBINS PAUL H (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-05-10 | Common Stock | M | 66666 | $15.576 | Acquired | 831313 | Direct |
| 2010-05-10 | Common Stock | D | 48079 | $27.75 | Disposed | 783234 | Direct |
| 2010-05-10 | Common Stock | M | 216910 | $21.225 | Acquired | 1000144 | Direct |
| 2010-05-10 | Common Stock | D | 182986 | $27.75 | Disposed | 817158 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-05-10 | Stock-Settled Stock Appreciation Right | $15.576 | M | 66666 | Disposed | 2013-03-15 | Common Stock (66666) | Direct |
| 2010-05-10 | Stock-Settled Stock Appreciation Right | $21.225 | M | 216910 | Disposed | 2013-06-20 | Common Stock (216910) | 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 May 10, 2010.
F3: These SSARs were previously reported as covering 50,000 shares at a conversion price of $31.152 per share, but were adjusted to reflect the stock split on December 7, 2009.
F4: 1/3 of the SSARs vested on each of March 15, 2009 and March 15, 2010, and the remaining 1/3 will vest on March 15, 2011.
F5: These SSARs were granted to the reporting person, without payment therefor, as compensation for serving as an executive officer of the issuer.
F6: These SSARs were previously reported as covering 108,455 shares at a conversion price of $42.45 per share, but were adjusted to reflect the stock split on December 7, 2009.