World Fuel Services Corporation director just disposed of 4,000 shares

Richard A Kassar, a director of World Fuel Services Corporation, recently disposed of 4,000 shares of the company. The disposals took place at prices ranging from $21.22 to $44.88 per share, on February 18, 2014. Kassar still owns 37,474 shares of the company. Kassar operates out of New York, NY. Some additional info was provided as follows:

The number shown is the fair market price for the issuer's common stock at the time of conversion of the stock-settled stock appreciation right(s) ("SSARs"). These SSARs were previously reported as covering 3,200 shares at a conversion price of $42.44 per share, but were adjusted to reflect the stock split on December 7, 2009. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $44.75 to $44.81, 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 ranges set forth in footnotes (3) and (4) to this Form 4. The price represents the weighted average sale price for multiple transactions reported on this line. The prices of the transactions ranged from $44.64 to $44.88, inclusive.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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