World Fuel Services 2008 Annual Report Download - page 28

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Equity Compensation Plans
The following table summarizes securities authorized for issuance related to outstanding stock options and
stock-settled stock appreciation rights, which are referred to collectively as “Option Awards” and restricted stock
units (“RSUs”) under our various equity compensation plans (which were all approved by our shareholders) as of
December 31, 2008 (in thousands, except weighted average price data):
Plan name or description
(a)
Maximum number of
securities to be
issued upon exercise
of outstanding Option
Awards and RSUs
(b)
Weighted average
exercise or conversion
price of outstanding
option Awards and RSUs
(c)
Number of securities
remaining available
for future issuance under
equity compensation plans
(excluding securities
reflected in column (a))
2006 Omnibus Plan . . . . . 860 $28.72 985
2001 Omnibus Plan . . . . . 950 30.85 —
1996 Employee Stock
Option Plan . . . . . . . . . . 129 5.60 —
1993 Non-Employee
Directors Stock Option
Plan . . . . . . . . . . . . . . . . 98 23.89 —
2,037 $28.01 985
There are no outstanding warrants to purchase our common stock.
Repurchase of Common Stock
The following table presents information with respect to repurchases of common stock made by us during
the quarterly period ended December 31, 2008 (in thousands, except average price per share):
Period
Total Number
of Shares
Purchased
Average Price
Per Share Paid
Total Number
of Shares Purchased
as Part of Publicly
Announced Plans
or Programs
Total Cost of
Shares Purchased
as Part of Publicly
Announced Plans
or Programs
Remaining Authorized
Stock Repurchases
under Publicly
Announced Plans
or Programs
10/1/08-10/31/08 . . . . . 1 $21.59 — $— $50,000
11/1/08-11/30/08 . . . . . — — — — 50,000
12/1/08-12/31/08 . . . . . — — — — 50,000
Total . . . . . . . . . . 1 $21.59 — $—
The above shares relate to the purchase of stock tendered by employees to exercise share-based payment
awards and satisfy the required withholding taxes related to share-based payment awards.
In October 2008, our Board of Directors authorized a $50.0 million share repurchase program. The program
does not require a minimum number of shares to be purchased and may be suspended or discontinued at any
time. As of December 31, 2008, no shares of our common stock had been repurchased under this program. The
timing and amount of shares to be repurchased under the program will depend on market conditions, share price,
securities law and other legal requirements and other factors.
For information on repurchases of common stock for the first three quarters of 2008, see the corresponding
Form 10-Q for each such quarter.
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