Sec Form 4 Filing - RAU JOHN PETER @ WORLD FUEL SERVICES CORP - 2021-03-15

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
RAU JOHN PETER
2. Issuer Name and Ticker or Trading Symbol
WORLD FUEL SERVICES CORP [ INT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, Global Aviation & Marine
(Last) (First) (Middle)
C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET
3. Date of Earliest Transaction (MM/DD/YY)
03/15/2021
(Street)
MIAMI, FL33178
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/15/2021 F 2,675 ( 1 ) D $ 35.74 ( 2 ) 85,143 D
Common Stock 03/15/2021 F 736 ( 3 ) D $ 35.74 ( 2 ) 84,407 D
Common Stock 03/15/2021 F 2,086 ( 4 ) D $ 35.74 ( 2 ) 82,321 D
Common Stock 03/15/2021 A 3,918 ( 5 ) A $ 0 86,239 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Trans action(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock-Settled Stock Appreciation Right $ 27.52 ( 6 ) 03/15/2021 A 27,986 03/15/2021 03/15/2023 Common Stock 27,986 ( 7 ) $ 0 27,986 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
RAU JOHN PETER
C/O WORLD FUEL SERVICES CORPORATION
9800 N.W. 41ST STREET
MIAMI, FL33178
EVP, Global Aviation & Marine
Signatures
/s/ Amy A. Quintana, Attorney-in-fact 03/17/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )An aggregate of 6,797 restricted stock units held by the reporting person vested and settled on March 15, 2021. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
( 2 )The price shown is the closing price of the issuer's common stock on the NYSE on March 15, 2021.
( 3 )An aggregate of 1,870 restricted stock units held by the reporting person vested and settled on March 15, 2021. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
( 4 )An aggregate of 5,301 restricted stock units held by the reporting person vested and settled on March 15, 2021. The issuer withheld the reported shares to cover the reporting person's tax liability associated with these restricted stock units.
( 5 )Represents restricted stock units earned by the reporting person based on the level of performance criteria met for fiscal year 2020. These restricted stock units will vest in three equal annual installments beginning on March 15, 2022.
( 6 )The price shown is the closing price for the issuer's common stock on the NYSE on March 15, 2018, with a premium of 15%.
( 7 )Represents stock-settled stock appreciation rights ("SSARs") earned by the reporting person based on the level of performance criteria satisfied under certain performance-based SSARs.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.