4 1 edgar.txt FORM 4 - 02/28/2002 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Becton, Jr., Julius W. c/o The Wackenhut Corporation 4200 Wackenhut Drive #100 Palm Beach Gardens, FL 33410-4243 USA 2. Issuer Name and Ticker or Trading Symbol The Wackenhut Corporation WAK and WAK B 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year 02/28/2002 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 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 Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Series B Common Stock | | | | | | |156 |D | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Phantom Stock Units |22.439 (|(1) | A | |55.707 |A | | |Series B Com|55.707 | |6,774.515 |D | | |1) | | | | | | | |mon | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Director Stock Option|13.100 | | | | | |4/30/|2/29/|Series B Com| | |2,500 |D | | (Right to Buy) | | | | | | |96 |06 |mon | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Director Stock Option|20.000 | | | | | |4/30/|4/29/|Series B Com| | |2,000 |D | | (Right to Buy) | | | | | | |96 |06 |mon | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Director Stock Option|13.875 | | | | | |4/29/|4/28/|Series B Com| | |2,000 |D | | (Right to Buy) | | | | | | |97 |07 |mon | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Director Stock Option|22.625 | | | | | |4/24/|4/23/|Series B Com| | |2,000 |D | | (Right to Buy) | | | | | | |98 |08 |mon | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Director Stock Option|17.500 | | | | | |5/7/9|5/6/0|Series B Com| | |2,000 |D | | (Right to Buy) | | | | | | |9 |9 |mon | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Director Stock Option|9.3750 | | | | | |5/5/0|5/4/1|Series B Com| | |10,000 |D | | (Right to Buy) | | | | | | |0 |0 |mon | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Director Stock Option|11.740 | | | | | |5/4/0|5/3/1|Series B Com| | |5,000 |D | | (Right to Buy) | | | | | | |1 |1 |mon | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: Note (1) Represents the weighted average price for 02/07002 grant of 22.075 units at $22.650 and 02/08/02 grant of 33.632 units at $ 22.300. SIGNATURE OF REPORTING PERSON /s/ Julius W. Becton BY: F. E. Finizia as Attorney-in-Fact DATE 3/4/2002