WORLD FUEL SERVICES CORP 4
4 · WORLD FUEL SERVICES CORP · Filed Jun 8, 2005
Insider Transaction Report
Form 4
BENBOW JOHN
Director
Transactions
- Tax Payment
Common Stock
2005-06-06$26.20/sh−3,800$99,560→ 20,156 total - Exercise/Conversion
Common Stock
2005-06-06$6.49/sh+8,000$51,880→ 23,956 total - Exercise/Conversion
Stock Option
2005-06-06−8,000→ 0 totalExercise: $6.49From: 2002-08-24Exp: 2006-08-24→ Common Stock (8,000 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 7,978 additional shares of common stock.
- [F3]These options were previously reported as covering 4,000 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, and to satisfy the reporting person's tax liability in connection with, the option exercise reported on Table II of this Form.