CORRECTIONS CORP OF AMERICA 4
4 · CORRECTIONS CORP OF AMERICA · Filed Feb 21, 2007
Insider Transaction Report
Form 4
LINGO IRVING E JR
EVP, Chief Financial Officer
Transactions
- Award
CXW Common Stock
2007-02-16+6,552→ 29,518 total - Award
Employee Stock Option (Right to Buy)
2007-02-16+18,876→ 18,876 totalExercise: $53.06From: 2008-02-16Exp: 2017-02-16→ CXW Common Stock (18,876 underlying)
Footnotes (2)
- [F1]Grant of restricted shares subject to vesting over a three-year period based upon satisfaction of certain performance criteria for the fiscal years ending December 31, 2007, 2008 and 2009. 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 and are subject to accelerated vesting upon certain events (death, disability or certain "change in control" events).
- [F2]Grant of options to purchase up to the number of shares listed, with vesting to occur in equal increments over a three-year period on the anniversary dates of the grant.