Filing Details
- Accession Number:
- 0001181431-10-026203
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-05-12 13:00:00
- Reporting Period:
- 2010-05-10
- Filing Date:
- 2010-05-12
- Accepted Time:
- 2010-05-12 18:13:47
- 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 | President And Coo | 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 | 2010-05-10 | 16,685 | $2.98 | 1,058,948 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-10 | 6,282 | $27.75 | 1,052,666 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2010-05-10 | 125,047 | $17.42 | 1,177,713 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2010-05-10 | 95,450 | $27.75 | 1,082,263 | No | 4 | D | Direct | |
| Common Stock | Disposition | 2010-05-10 | 40,000 | $27.54 | 1,042,263 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | D | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option | Disposition | 2010-05-10 | 16,685 | $0.00 | 16,685 | $2.98 |
| Common Stock | Stock-Settled Stock Appreciation Right | Disposition | 2010-05-10 | 125,047 | $0.00 | 125,047 | $17.42 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 70,785 | 2003-10-11 | 2011-10-11 | No | 4 | M | Direct |
| 274,953 | 2009-03-21 | 2011-03-21 | No | 4 | M | Direct |
Footnotes
- The issuer withheld a sufficient amount of option shares in order to pay the exercise price and related taxes for the option exercise reported in Table II of this Form 4.
- The number shown is the closing price for the issuer's common stock on the NYSE on May 10, 2010.
- Includes shares withheld by the issuer to pay the applicable taxes for the SSAR conversion reported in Table II of this Form 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 March 15, 2010 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 $27.40 to $27.84. 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.
- These awards were granted to the reporting person, without payment therefor, as compensation for serving as an executive officer of the issuer.
- These options were previously reported as covering 23,590 shares at an exercise price of $11.90 per share, but were adjusted to reflect the stock splits on February 1, 2005 and December 7, 2009. 6,904 of these options were exercised on May 7, 2010.
- These SSARs were previously reported as covering 200,000 shares at a conversion price of $34.83 per share, but were adjusted to reflect the stock split on December 7, 2009.
Billionaire Hedge Funds
