SEC Form 4 · accession 0001181431-15-004799
WORLD KINECT CORP · WKC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ira M Birns
Officer — Executive VP & CFO
Period of report
Mar 15, 2015
Accepted (ET)
Mar 17, 2015 · 8:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000789460
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 15, 2015 | F | 2,767 | $54.10 | D | 85,255 | D | |
| Common StockF3,F2 | Mar 15, 2015 | F | 3,498 | $54.10 | D | 81,757 | D | |
| Common StockF4,F2 | Mar 15, 2015 | F | 243 | $54.10 | D | 81,514 | D | |
| Common StockF5 | Mar 15, 2015 | A | 3,403 | $0.00 | A | 84,917 | D | |
| Common StockF6 | Mar 15, 2015 | A | 45,137 | $0.00 | A | 130,054 | D | |
| Common StockF7,F2 | Mar 15, 2015 | F | 3,787 | $54.10 | D | 126,267 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F16,595 restricted stock units held by the reporting person vested and settled on March 15, 2015. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
- F2The price shown is the closing price for the issuer's common stock on the NYSE on March 13, 2015.
- F38,338 restricted stock units held by the reporting person vested and settled on March 15, 2015. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
- F4579 restricted stock units held by the reporting person vested and settled on March 15, 2015. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
- F5These restricted stock units will vest one-third on each of the first, second and third anniversaries of the grant date.
- F69,027 restricted stock units held by the reporting person vested on March 15, 2015. The remaining 36,110 restricted stock units will vest one-fourth annually beginning on March 15, 2016.
- F79,027 restricted stock units held by the reporting person vested and settled on March 15, 2015. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.