SEC Form 4 · accession 0001209191-16-124460
WORLD KINECT CORP · WKC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul H Stebbins
Director
Period of report
May 26, 2016
Accepted (ET)
May 31, 2016 · 6:36 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 | Feb 19, 2016 | G | 2,800 | $0.00 | D | 100,000 | I | By Revocable Trust |
| Common StockF2,F3 | May 26, 2016 | A | 3,139 | $0.00 | A | 7,745 | D | |
| Common StockF4 | holding | — | — | — | 275,251 | I | By GRAT |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects shares previously held directly by the reporting person and indirectly by the reporting person's grantor retained annuity trust ("GRAT") which were contributed to the Paul Stebbins Revocable Trust, of which the reporting person is the trustee (the "Revocable Trust").
- F2These shares were issued as a restricted stock unit grant to the reporting person by the issuer under the issuer's 2006 Omnibus Plan.
- F3The restricted stock units shall vest on the earlier of: (i) the day prior to the annual meeting of the shareholders of the issuer that next follows the grant date or (ii) the one-year anniversary of the grant date.
- F4Represents shares previously held directly by the Revocable Trust which were contributed to the GRAT.