CORRECTIONS CORP OF AMERICA 4
4 · CORRECTIONS CORP OF AMERICA · Filed Feb 18, 2005
Insider Transaction Report
Form 4
LINGO IRVING E JR
EVP, Chief Financial Officer
Transactions
- Award
CXW Common Stock
2005-02-16+8,550→ 8,550 total - Award
Employee Stock Option (Right to Purchase)
2005-02-16$39.16/sh+22,500$881,100→ 22,500 totalExercise: $39.16From: 2006-02-16Exp: 2015-02-16→ CXW Common Stock (22,500 underlying)
Footnotes (2)
- [F1]The 8,550 restricted shares are subject to vesting over a three-year period based upon satisfaction of certain performance criteria for the fiscal years ending December 31, 2005, 2006 and 2007. No more than one third of such shares may vest in the first performance period, however, the performance criteria are cumulative for the three-year period.
- [F2]The Company granted to reporting person the option to purchase up 22,500 shares of common stock vesting over a three-year period on the anniversary date of the grant in equal increments.