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WORLD KINECT CORP — Director's Dealing 2011
Dec 15, 2011
31916_dirs_2011-12-15_ced0bf19-ee03-48a5-964f-d8fd099e3aa3.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: 2011-12-13
Reporting Person: Birns Ira M (Executive VP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-12-13 | Common Stock | M | 15000 | $22.705000 | Acquired | 99076 | Direct |
| 2011-12-13 | Common Stock | D | 10616 | $42.05 | Disposed | 88460 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-12-13 | Stock-Settled Stock Appreciation Right | $22.705000 | M | 15000 | Disposed | 2012-04-16 | Common Stock (15000) | 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 fair market price for the issuer's common stock at the time of conversion of the stock-settled stock appreciation rights.
F3: These SSARs were previously reported as covering 7,500 shares at a conversion price of $45.41 per share, but were adjusted to reflect the stock split on December 7, 2009.
F4: These SSARs were granted to the reporting person, without payment thereof, as compensation for serving as an executive officer of the issuer.