Filing Details

Accession Number:
0001181431-13-017585
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-18 19:17:36
Reporting Period:
2013-03-14
Filing Date:
2013-03-18
Accepted Time:
2013-03-18 19:17:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
789460 World Fuel Services Corp INT Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172) 592459427
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1242793 J Michael Kasbar C/O World Fuel Services Corporation
9800 N.w. 41St Street, Suite 400
Miami FL 33178
Ceo And President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-03-14 100,000 $15.58 1,214,060 No 4 M Direct
Common Stock Disposition 2013-03-14 61,737 $38.28 1,152,323 No 4 F Direct
Common Stock Disposition 2013-03-14 30,400 $38.59 1,121,923 No 4 S Direct
Common Stock Disposition 2013-03-15 7,863 $39.01 1,114,060 No 4 S Direct
Common Stock Disposition 2013-03-15 5,801 $39.58 1,108,259 No 4 F Direct
Common Stock Disposition 2013-03-15 11,251 $39.58 1,097,008 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
No 4 F Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock-Settled Stock Appreciation Right Disposition 2013-03-14 100,000 $0.00 100,000 $15.58
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2011-03-15 2013-03-15 No 4 M Direct
Footnotes
  1. Includes shares withheld by the issuer to pay the applicable taxes for the stock-settled stock appreciation rights ("SSARs") conversion reported in Table II of this Form 4.
  2. The number shown is the fair market price for the issuer's common stock at the time of conversion of the SSARs.
  3. These SSARs were previously reported as covering 50,000 shares at a conversion price of $31.15 per share, but were adjusted to reflect the stock split on December 7, 2009.
  4. The sales reported in this Form 4 were effected pursuant to a pre-arranged, non-discretionary trading plan adopted by the reporting person on December 14, 2012 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
  5. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $38.18 to $38.82, inclusive. The reporting person undertakes to provide 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 separate price within the ranges set forth in footnotes (5) and (6) to this Form 4.
  6. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $38.72 to $39.27, inclusive.
  7. 13,827 shares of restricted stock held by the reporting person vested on March 15, 2013. The issuer withheld a sufficient number of shares to cover the reporting person's tax liability associated with these shares of restricted stock.
  8. The price shown is the closing price for the issuer's common stock on the NYSE on March 15, 2013.
  9. 26,818 restricted stock units held by the reporting person vested on March 15, 2013. The issuer withheld a sufficient number of shares to cover the reporting person's tax liability associated with these restricted stock units.