World Fuel Services 2012 Annual Report Download - page 91

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RSU Awards
The following table summarizes the status of our RSUs and related transactions for each of the following
years (in thousands, except for weighted average grant-date fair value data and weighted average
remaining contractual life):
RSUs Outstanding
Weighted
Weighted Average
Average Remaining
Grant-date Aggregate Contractual
Fair Intrinsic Life
RSUs Value Value (in Years)
As of December 31, 2009 901 $14.52 $24,131 2.5
Granted 343 28.32
Issued (11) 14.03
Forfeited (15) 19.91
As of December 31, 2010 1,218 18.34 44,038 2.6
Granted 224 38.01
Issued (515) 14.03
Forfeited (26) 16.19
As of December 31, 2011 901 25.59 37,373 1.7
Granted 369 40.98
Issued (275) 16.12
Forfeited (14) 30.74
As of December 31, 2012 981 $34.06 $39,888 1.5
The aggregate intrinsic value of RSUs issued during 2012, 2011 and 2010 was $11.6 million,
$19.5 million and $0.3 million, respectively.
SSAR Awards
The following table summarizes the status of our outstanding and exercisable SSAR Awards and related
transactions for each of the following years (in thousands, except weighted average exercise price and
weighted average remaining contractual life data):
SSAR Awards Outstanding SSAR Awards Exercisable
Weighted Weighted
Average Average
Weighted Remaining Weighted Remaining
Average Aggregate Contractual Average Aggregate Contractual
SSAR Exercise Intrinsic Life SSAR Exercise Intrinsic Life
Awards Price Value (in Years) Awards Price Value (in Years)
As of December 31, 2009 2,061 $16.70 $20,914 2.1 1,419 $17.62 $13,109 1.6
Granted 36 24.89
Exercised (1,085) 17.52
As of December 31, 2010 1,012 16.10 20,346 1.9 480 18.29 8,619 1.3
Exercised (486) 16.56
Forfeited (9) 12.39
As of December 31, 2011 517 15.06 13,921 1.4 410 15.39 10,895 1.4
Exercised (95) 16.76
As of December 31, 2012 422 $15.30 $10,927 0.6 322 $16.02 $ 8,108 0.7
The aggregate intrinsic value of SSAR Awards exercised during 2012, 2011 and 2010 was $2.1 million,
$10.2 million and $13.2 million, respectively, based on the difference between the average of the high
and low market price of our common stock at the exercise date and the SSAR Award exercise price.
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