4//SEC Filing
CORNELL COMPANIES INC 4
Accession 0001179110-10-012630
CIK 0001016152operating
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 12:55 PM ET
Size
9.0 KB
Accession
0001179110-10-012630
Insider Transaction Report
Form 4
John R Nieser
SVP, CFO and Treasurer
Transactions
- Award
Common stock
2010-08-12$29.45/sh+52,667$1,551,043→ 103,107 total - Disposition to Issuer
Common stock
2010-08-12−81,211→ 0 total - Tax Payment
Common stock
2010-08-12$29.45/sh−21,896$644,837→ 81,211 total
Footnotes (2)
- [F1]These shares of performance-based restricted stock were granted to the reporting person in 2007, 2008, 2009 and 2010 pursuant to the Cornell 2006 Incentive Plan (the "Plan") and in accordance with the terms of the Plan, vested at the time of the consummation of the Merger. All shares of unvested time-based restricted stock also vested at the time of the consummation of the Merger.
- [F2]Disposed of pursuant to the terms of the Agreement and Plan of Merger, dated as of April 18, 2010, as amended, by and among The GEO Group, Inc. ("GEO"), GEO Acquisition III, Inc., and Cornell Companies, Inc. (the "Merger Agreement"), in exchange for the right to receive at each stockholder's election and subject to certain limitations, either: (i) 1.3 shares of common stock of GEO, (ii) the right to receive cash consideration equal to $28.054, or (iii) a combination of cash and stock. If a Cornell stockholder failed to make an election or was not entitled to make an election, the holder received the stock consideration.
Documents
Issuer
CORNELL COMPANIES INC
CIK 0001016152
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001016152
Filing Metadata
- Form type
- 4
- Filed
- Aug 12, 8:00 PM ET
- Accepted
- Aug 13, 12:55 PM ET
- Size
- 9.0 KB