WORLD FUEL SERVICES CORP 4
4 · WORLD FUEL SERVICES CORP · Filed Jun 8, 2005
Insider Transaction Report
Form 4
SIDEL JEROME
Director
Transactions
- Exercise/Conversion
Common Stock
2005-06-06$6.49/sh+10,000$64,850→ 37,600 total - Tax Payment
Common Stock
2005-06-06$26.20/sh−2,475$64,845→ 35,125 total - Exercise/Conversion
Stock Option
2005-06-06−10,000→ 0 totalExercise: $6.49From: 2002-08-24Exp: 2006-08-24→ Common Stock (10,000 underlying)
Footnotes (5)
- [F1]This price has been adjusted to reflect that on February 1, 2005, the common stock of World Fuel Services Corporation split 2-for-1.
- [F2]On February 1, 2005, the common stock of World Fuel Services Corporation split 2-for-1, resulting in the reporting person's acquisition of 13,800 additional shares of common stock.
- [F3]These options were previously reported as covering 5,000 shares at an exercise price of $12.97 per share, but were adjusted to reflect the stock split on February 1, 2005.
- [F4]These options were granted to non-employee directors, without payment therefor, as compensation for serving on the Board.
- [F5]The issuer withheld a sufficient amount of option shares in order to pay the exercise price for the option exercise reported on Table II of this Form.