Michael J. Kasbar - Mar 15, 2023 Form 4 Insider Report for WORLD FUEL SERVICES CORP (WKC)

Role
Chairman, CEO and President, Director
Signature
/s/ Amy Quintana Avalos, Attorney-in-fact
Stock symbol
WKC
Transactions as of
Mar 15, 2023
Transactions value $
-$636,332
Form type
4
Date filed
3/17/2023, 06:05 PM
Previous filing
Feb 21, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WKC Common Stock Tax liability -$35.2K -1.47K -0.15% $23.97 997K Mar 15, 2023 Direct F1, F2
transaction WKC Common Stock Tax liability -$124K -5.17K -0.52% $23.97 992K Mar 15, 2023 Direct F2, F3
transaction WKC Common Stock Tax liability -$254K -10.6K -1.07% $23.97 981K Mar 15, 2023 Direct F2, F4
transaction WKC Common Stock Tax liability -$223K -9.3K -0.95% $23.97 972K Mar 15, 2023 Direct F2, F5
transaction WKC Common Stock Award $0 +75.1K +7.73% $0.00 1.05M Mar 15, 2023 Direct F6
holding WKC Common Stock 1.34K Mar 15, 2023 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 An aggregate of 3,731 restricted stock units held by the reporting person vested and settled on March 15, 2023. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
F2 The price shown is the closing price of the issuer's common stock on the NYSE on March 15, 2023.
F3 An aggregate of 13,147 restricted stock units held by the reporting person vested and settled on March 15, 2023. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
F4 An aggregate of 26,939 restricted stock units held by the reporting person vested and settled on March 15, 2023. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
F5 An aggregate of 23,640 restricted stock units held by the reporting person vested and settled on March 15, 2023. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
F6 These restricted stock units will vest in three equal annual installments beginning on March 15, 2024.