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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.
FORM 4
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check 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
Wackenhut, George R.
c/o The Wackenhut Corporation
4200 Wackenhut Drive #100
Palm Beach Gardens, FL 33410-4243
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
June, 1996
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person to Issuer (Check all applicable)
(X) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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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 Year |ect(I)| |
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SPECIAL NOTE: George R. Wac| | | | | | | | | |
kenhut and Ruth J. Wackenhu| | | | | | | | | |
t, through trusts | | | | | | | | | |
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over which they have sole | | | | | | | | | |
dispositive and voting powe| | | | | | | | | |
r, control 50.1% of | | | | | | | | | |
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the issued and outstanding | | | | | | | | | |
voting common stock of The | | | | | | | | | |
Wackenhut Corporation | | | | | | | | | |
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The Wackenhut Corporation, | | | | | | | | | |
through a wholly owned subs| | | | | | | | | |
idiary, Tuhnekcaw, | | | | | | | | | |
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Inc., controls the Issuer, | | | | | | | | | |
Wackenhut Corrections Corpo| | | | | | | | | |
ration. By virtue of | | | | | | | | | |
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their control of The Wacken| | | | | | | | | |
hut Corporation, George R. | | | | | | | | | |
Wackenhut and Ruth J. | | | | | | | | | |
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Wackenhut are deemed benefi| | | | | | | | | |
cial owners of the 6,000,00| | | | | | | | | |
0 shares of the | | | | | | | | | |
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Issuer's (Wackenhut Correct| | | | | | | | | |
ions Corporation) common st| | | | | | | | | |
ock owned by The | | | | | | | | | |
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Wackenhut Corporation. The| | | | | | | | | |
Issuer's 2 for 1 stock div| | | | | | | | | |
idend of 6/3/96 would | | | | | | | | | |
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cause the number of shares | | | | | | | | | |
to be restated as 12,000,00| | | | | | | | | |
0. | | | | | | | | | |
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned |
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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 | | | |Year |(I)| |
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Employee Stock Option |1.200 |6/3/9|J (1| | | |9/1/9|2/29/|Common Stock| | |32,864 |D | |
| |6 |) | | | |4 |04 | | | | | | |
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(Right to Buy) | | | | | | | | | | | | | | |
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Employee Stock Option |3.750 |6/3/9|J (1| | | |11/5/|5/5/0|Common Stock| | |74,666 |D | |
| |6 |) | | | |94 |4 | | | | | | |
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(Right to Buy) | | | | | | | | | | | | | | |
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| | | | | | | | | | | | | | |
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Explanation of Responses:
NOTE"
(1) Option adjusted for 2 for 1 stock dividend of
6/3/96.
SIGNATURE OF REPORTING PERSON
/s/ George R. Wackenhut BY: J. P. Rowan asd Attorney-In-Fact
DATE
7/8/96