SEC Form 4 · accession 0001209191-16-119694
WORLD KINECT CORP · WKC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carlos M. Velazquez
Officer — SVP, Chief Accounting Officer
Period of report
May 10, 2016
Accepted (ET)
May 12, 2016 · 7:09 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 | May 10, 2016 | F | 1,730 | $45.95 | D | 12,323 | D | |
| Common StockF3 | May 12, 2016 | S | 4,500 | $45.26 | D | 7,823 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1An aggregate of 6,318 shares of restricted stock held by the reporting person vested and settled on May 10, 2016. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these shares of restricted stock.
- F2The price shown is the closing price for the issuer's common stock on the NYSE on May 10, 2016.
- F3The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $45.25 to $45.30, inclusive. The reporting person undertakes to provide the issuer and will provide any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each separate price within the range.