CORRECTIONS CORP OF AMERICA 4
4 · CORRECTIONS CORP OF AMERICA · Filed Jul 5, 2006
Insider Transaction Report
Form 4
Rusak William K
Chief Human Resources Officer
Transactions
- Award
CXW Common Stock
2006-07-01+5,196→ 5,196 total - Award
Employee Stock Option (Right to Purchase)
2006-07-01$52.94/sh+14,265$755,189→ 14,265 totalExercise: $52.94From: 2007-07-01Exp: 2017-07-01→ CXW Common Stock (14,265 underlying)
Footnotes (2)
- [F1]The 5,196 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, 2006, 2007, and 2008. 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 to 14,265 shares of common stock vesting over a three-year period on the anniversary date of the grant in equal increments.