Company: WKC
Filing Date: 2025-04-25
Form Type: DEF 14A
Source: 0000950170-25-058752
Chunk: 133

Company: WORLD KINECT CORP
Filing Date: 2025-04-25
Form: DEF 14A
Chunk 133
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 methods or procedures as shall be established from time to time by the Committee and (ii) with respect to a share of Stock as of any date,

(A) if the principal market for the Stock is a national securities exchange, then the “Fair Market Value” as of that date shall be the closing price of the Stock on that date on the principal exchange or market on which the Stock is then listed or admitted to trading;

(B) if sale prices are not available or if the principal market for the Stock is not a national securities exchange, the average between the highest bid and lowest asked prices for the Stock on that date as reported on the NASDAQ OTC Bulletin Board Service or by the OTC Markets Group, Inc. or a comparable service; and

(C) if the date is not a trading day, and as a result, paragraphs (A) and (B) next above are inapplicable, the Fair Market Value of the Stock shall be determined as on the most recent trading day prior to that date. If paragraphs (A) and (B) next above and the first sentence of this paragraph (C) are otherwise inapplicable, then the Fair Market Value of the Stock shall be determined in good faith by the Committee, or the Committee is authorized to adopt another fair market value pricing method provided such method is stated in the applicable Award Agreement and is in compliance with the fair market value pricing rules set forth in Section 409A of the Code.

(p)Incentive Stock Option.The term “Incentive Stock Option” shall have the meaning set forth in Section 2.1(a).

(q)Independent Director.The term “Independent Director” shall have the meaning set forth in Section 6.1.

(r)Non-Qualified Stock Option.The term “Non-Qualified Stock Option” shall have the meaning set forth in Section 2.1(a).

(s)Option.The term “Option” shall have the meaning set forth in Section 2.1(a).

(t)Other Stock-Based Award.The term “Other Stock-Based Award” shall have the meaning set forth in Section 3.1(b).

(u)Participant(s).The term “Participant(s)” shall have the meaning set forth in Section 1.2.

(v)Performance Compensation Award.The term “Performance Compensation Award” shall have the meaning set forth in Section 3.1(c).

(w)Performance Goal(s).The term “Performance Goal(s)” means the measures set forth or otherwise described in Section 3.3(a).

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