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
- 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.
- The number shown is the fair market price for the issuer's common stock at the time of conversion of the SSARs.
- 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.
- 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.
- 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.
- 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.
- 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.
- The price shown is the closing price for the issuer's common stock on the NYSE on March 15, 2013.
- 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.