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WORLD KINECT CORP — Director's Dealing 2010
May 11, 2010
31916_dirs_2010-05-11_3a8a2a41-ce19-4f9b-beb1-ec83f5fe25a1.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: 2010-05-07
Reporting Person: KASBAR MICHAEL J (Director, President and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-05-07 | Common Stock | M | 6904 | $2.975 | Acquired | 1049167 | Direct |
| 2010-05-07 | Common Stock | F | 2404 | $26.10 | Disposed | 1046763 | Direct |
| 2010-05-07 | Common Stock | S | 4500 | $27.50 | Disposed | 1042263 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-05-07 | Stock Option | $2.975 | M | 6904 | Disposed | 2011-10-11 | Common Stock (6904) | Direct |
Footnotes
F1: The issuer withheld a sufficient amount of option shares in order to pay the exercise price and related taxes for the option exercise reported on Table II of this Form.
F2: The number shown is the closing price for the issuer's common stock on the NYSE on May 7, 2010.
F3: 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.
F4: The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $27.50 to $27.53. 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.
F5: These options were granted to the reporting person, without payment therefor, as compensation for serving as an executive officer of the issuer.
F6: These options were previously reported as covering 23,590 shares at an exercise price of $11.90 per share, but were adjusted to reflect the stock splits on February 1, 2005 and December 7, 2009.