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WORLD KINECT CORP — Director's Dealing 2010
Mar 11, 2010
31916_dirs_2010-03-11_3c70f599-9eec-4f66-9105-877aa6fad6b7.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: 2010-03-09
Reporting Person: BAKSHI KEN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-03-09 | Common Stock | M | 20000 | $12.50 | Acquired | 20000 | Indirect |
| 2010-03-09 | Common Stock | S | 20000 | $27.62 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-03-09 | Stock Option | $12.50 | M | 20000 | Disposed | 2010-06-20 | Common Stock (20000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 42462 | Direct |
Footnotes
F1: The reporting person is the sole member of the limited liability company.
F2: 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 $27.80. 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: On December 7, 2009, the issuer's common stock split 2-for-1, resulting in the reporting person's ownership of 21,231 additional shares.
F4: These options were previously reported as covering 10,000 shares at an exercise price of $25.00 per share, but were adjusted to reflect the stock split on December 7, 2009.
F5: These options were granted to non-employee directors, without payment therefor, as compensation for serving on the Board.