3 1 0001.txt FORM 3 - OCTOBER 23, 2000 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 3 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 1. Name and Address of Reporting Person Rowan, James P. c/o The Wackenhut Corporation 4200 Wackenhut Drive #100 Palm Beach Gardens, FL 33410-4243 USA 2. Date of Event Requiring Statement (Month/Day/Year) October 23, 2000 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Issuer Name and Ticker or Trading Symbol The Wackenhut Corporation WAK and WAK B 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Executive Vice President, General Counsel and Assistant Secretary 6. If Amendment, Date of Original (Month/Day/Year) 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. Amount of |3. Ownership |4. Nature of Indirect | | Securities | Form: | Beneficial Ownership | | Beneficially | Direct(D) or | | | Owned | Indirect(I) | | ___________________________________________________________________________________________________________________________________| Series B Common |2331 |D | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Date Exer- |3.Title and Amount | |4. Conver-|5. Owner- |6. Nature of Indirect | Security | cisable and | of Underlying | |sion or |ship | Beneficial Ownership | | Expiration | Securities | |exercise |Form of | | | Date(Month/ |-----------------------|---------|price of |Deriv- | | | Day/Year) | |Amount |deri- |ative | | | Date | Expira- | |or |vative |Security: | | | Exer- | tion | Title |Number of|Security |Direct(D) or | | | cisable | Date | |Shares | |Indirect(I) | | ___________________________________________________________________________________________________________________________________| Employee Stock Options (| | | | | | | | Right to Buy) | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| 1997 Options |1/28/97 |1/27/07 |Series B Common |2,800 |15.250 |D | | -----------------------------------------------------------------------------------------------------------------------------------| 1998 Options |1/27/98 |1/27/08 |Series B Common |15,000 |19.750 |D | | -----------------------------------------------------------------------------------------------------------------------------------| 1999 Options |2/18/99 |2/17/09 |Series B Common |15,000 |16.6875 |D | | -----------------------------------------------------------------------------------------------------------------------------------| 1998 Series B Common Per|Note (1) |Note (1) |Series B Common |Note (1) |Note (1) |D | | formance Units | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| 1999 Series B Common Per|Note (1) |Note (1) |Series B Common |Note (1) |Note (1) |D | | formance Units | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________|
Explanation of Responses: Note (1) Performance Units to be earned under Key Employee Long-Term Incentive Stock Plan based upon EPS growth in three year Performance Period. SIGNATURE OF REPORTING PERSON James P. Rowan BY F. E. Finizia as Attorney-in-Fact DATE 10/23/00