View:
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
(X) 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
Travisono, Anthony P.
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
February, 1998
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)| |
___________________________________________________________________________________________________________________________________|
Common Stock |2/17/9|S | |1,000 |D |$29.250 |0 |D |(1) |
|8 | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Srock |2/24/9|M | |1,000 |A |$13.750 |0 | | |
|8 | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock |2/24/9|S | |1,000 |D |$30.6250 |0 | | |
|8 | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock |2/24/9|M | |2,000 |A |$22.6250 |0 | | |
|8 | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock |2/24/9|S | |2,000 |D |$30.6250 |0 | | |
|8 | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock |2/24/9|M | |1,000 |A |$16.8750 |0 | | |
|8 | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Common Stock |2/24/9|S | |1,000 |D |$30.6250 |0 | | |
|8 | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
___________________________________________________________________________________________________________________________________
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)| |
___________________________________________________________________________________________________________________________________|
Director Stock Option |13.750 |2/24/|M | |1,000 |D |4/27/|4/26/|Common Stock| | |0 |D | |
| |98 | | | | |95 |05 | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
(Right to buy) | | | | | | | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Director Stock Option |22.625 |2/24/|M | |2,000 |D |4/25/|4/24/|Common Stock| | |0 |D | |
| |98 | | | | |96 |06 | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
(Right to buy) | | | | | | | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
Director Stock Option |16.875 | 2/24|M | |1,000 |D |4/24/|4/23/|Common Stock| | |0 |D | |
| |/98 | | | | |97 |07 | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
(Right to buy) | | | | | | | | | | | | | | |
- -----------------------------------------------------------------------------------------------------------------------------------|
| | | | | | | | | | | | | | |
___________________________________________________________________________________________________________________________________|
Explanation of Responses:
NOTES:
(1) Held Jointly with
Spouse.
General Note: Resignation as Director of WHC effective 2/17/98 reported
on Form 5 dated 3/3/98.
These transactions represent a complete
divestiture of all WHC holdings.
SIGNATURE OF REPORTING PERSON
/s/ Anthony P. Travisono BY: J. P. Rowan as Attorney-In-Fact
DATE
2/3/98