SEC Form 4 · accession 0001209191-17-032155
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, 2017
Accepted (ET)
May 12, 2017 · 6:33 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 | May 10, 2017 | A | 1,458 | $0.00 | A | 20,432 | D | |
| Common Stock | May 10, 2017 | A | 423 | $0.00 | A | 20,855 | D | |
| Common StockF2,F3 | May 10, 2017 | F | 2,012 | $38.41 | D | 18,843 | D | |
| Common Stock | May 12, 2017 | S | 1,286 | $37.65 | D | 17,557 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These restricted stock units will vest one-fifth annually beginning on May 10, 2018.
- F2An aggregate of 6,378 shares of restricted stock and 967 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.
- F3The price shown is the closing price for the issuer's common stock on the NYSE on May 10, 2017.