SEC Form 4 · accession 0001209191-17-032150
WORLD KINECT CORP · WKC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Alexander Lake
Officer — EVP, Chf. Legal Officer, CoSec
Period of report
May 10, 2017
Accepted (ET)
May 12, 2017 · 6:32 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 Stock | May 10, 2017 | A | 2,115 | $0.00 | A | 48,137 | D | |
| Common StockF1,F2 | May 10, 2017 | F | 2,835 | $38.41 | D | 45,302 | D | |
| Common Stock | May 10, 2017 | S | 1,500 | $37.83 | D | 43,802 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1An aggregate of 7,697 shares of restricted stock and 2,659 restricted stock units held by the reporting person vested and settled on May 10, 2017. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these shares of restricted stock and restricted stock units.
- F2The price shown is the closing price for the issuer's common stock on the NYSE on May 10, 2017.
- F3The sales reported in this Form 4 were effected pursuant to a pre-arranged, non-discretionary trading plan adopted by the reporting person in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934.