4 1 0001.txt FORM 4 - MAY, 2000 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 Glanton, Richard H. c/o Wackenhut Corrections Corporation 4200 Wackenhut Drive #100 Palm Beach Gardens, FL 33410 USA 2. Issuer Name and Ticker or Trading Symbol Wackenhut Corrections Corporation WHC 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year May, 2000 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) Director 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)| | ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ 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 Common Stock (|7.5054 (| (2) |A | |1,598.85 |A | | |Common Stock|1,598.8| |4,615.46 |D | | 1) |2) | | | | | | | | |5 | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Director Stock Option |26.125 | | | | | |4/23/|4/22/|Common Stock| | |2,000 |D | | (Right to Buy) | | | | | | |98 |98 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Director Stock Option| 18.3750| | | | | | 5/6/| 5/5/| Common Stoc| | |2,000 |D | | (Right to Buy) | | | | | | |99 |09 |k | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| Director Stock Option| 7.8750 |A |A | |2,000 |A |5/4/0|5/3/1|Common Stock| | |2,000 |D | | (Right to Buy) | | | | | | |0 |0 | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: NOTES: (1) Adjustments for stock splits or dividends made at time of payment. (2) Represents the weighted average price for 5/3/00 grant of 1,070.86 units at $7.9375, 5/4/00 grant of 317.46 units at $7.8750 and 5/16/00 grant of 210.53 units at $7.1250. SIGNATURE OF REPORTING PERSON /s/ Richard H. Glanton BY F. E. Finizia as Attorney-in-Fact DATE 6/5/00