World Fuel Services 2012 Annual Report Download - page 90

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The following table summarizes the outstanding awards issued pursuant to the 2006 Plan described
above as of December 31, 2012 and the remaining shares of common stock available for future issuance
(in thousands):
Remaining
shares of
common stock
Restricted SSAR available for
Plan name Stock RSUs Awards future issuance
2006 Plan (1) 1,100 981 422 3,824
(1) As of December 31, 2012, unvested restricted stock will vest between March 2013 and March 2018,
unvested RSUs will vest between January 2013 and May 2017 and the outstanding SSAR Awards
will expire between March 2013 and October 2015. RSUs granted to non-employee directors under
the 2006 Plan prior to 2011 remain outstanding until the date the non-employee director ceases, for
any reason, to be a member of the Board of Directors.
Restricted Stock Awards
The following table summarizes the status of our unvested restricted stock outstanding and related
transactions for each of the following years (in thousands, except weighted average grant-date fair value
price and weighted average remaining vesting term data):
Unvested Restricted Stock Outstanding
Weighted
Weighted Average
Average Remaining
Unvested Grant-date Aggregate Vesting
Restricted Fair Value Intrinsic Term
Stock Price Value (in Years)
As of December 31, 2009 419 $20.88 $11,245 1.7
Vested (26) 21.30
Forfeited (7) 20.95
As of December 31, 2010 386 20.84 13,991 0.6
Granted 353 37.40
Vested (284) 20.49
Forfeited (9) 26.45
As of December 31, 2011 446 34.07 18,707 2.2
Granted 798 40.19
Vested (128) 26.26
Forfeited (16) 37.24
As of December 31, 2012 1,100 $39.38 $45,295 3.4
The aggregate value of restricted stock which vested during 2012, 2011 and 2010 was $5.3 million,
$10.6 million and $0.7 million, respectively, based on the average high and low market price of our
common stock at the vesting date.
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