WORLD FUEL SERVICES CORP 4
4 · WORLD FUEL SERVICES CORP · Filed Apr 15, 2013
Insider Transaction Report
Form 4
CLEMENTI MICHAEL
Pres, World Fuel Services Inc.
Transactions
- Exercise/Conversion
Common Stock
2013-04-11$12.98/sh+50,000$649,000→ 304,195.678 total - Tax Payment
Common Stock
2013-04-11$38.78/sh−29,449$1,142,032→ 274,746.678 total - Exercise/Conversion
Stock-Settled Stock Appreciation Right
2013-04-11−50,000→ 0 totalExercise: $12.98From: 2013-03-15Exp: 2013-04-14→ Common Stock (50,000 underlying) - Exercise/Conversion
Stock-Settled Stock Appreciation Right
2013-04-11−50,000→ 0 totalExercise: $12.98From: 2013-03-15Exp: 2013-04-14→ Common Stock (50,000 underlying) - Tax Payment
Common Stock
2013-04-11$38.78/sh−27,910$1,082,350→ 246,836.678 total - Exercise/Conversion
Common Stock
2013-04-11$12.98/sh+50,000$649,000→ 254,195.678 total
Footnotes (4)
- [F1]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.
- [F2]The number shown is the fair market price for the issuer's common stock at the time of conversion of the SSARs.
- [F3]These SSARs were previously reported as covering 25,000 shares at a conversion price of $25.96 per share, but were adjusted to reflect the stock split on December 7, 2009.
- [F4]These SSARs represent the remaining 50% of the initial grant, which vested on the fifth anniversary of the grant date.