WORLD KINECT CORP — Director's Dealing 2012

Mar 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WORLD FUEL SERVICES CORP (INT)
CIK: 0000789460
Period of Report: 2012-03-12

Reporting Person: BAKSHI KEN (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-12	Common Stock	M	9400	$20.35	Acquired	51093	Direct
2012-03-12	Common Stock	D	4572	$41.84	Disposed	46521	Direct
2012-03-13	Common Stock	S	5655	$42.03	Disposed	40866	Direct
2012-03-12	Common Stock	S	2345	$41.85	Disposed	2500	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-12	Stock-Settled Stock Appreciation Right	$20.35	M	9400	Disposed	2012-05-31	Common Stock (9400)	Direct

Footnotes

F1: 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 right(s).

F2: The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $41.90 to $42.05. 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: These SSARs were granted to non-employee directors, without payment therefor, as compensation for serving on the Board.