WACKENHUT CORRECTIONS CORPORATION Filing Type: 4 Description: Statement of Changes of Beneficial Ownership Filing Date: June 11, 2001 Period End: May 3, 2001 Primary Exchange: New York Stock Exchange Ticker: WHC 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 Justiz, Manuel J. 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 May, 2001 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 | | | | | | |1,000 |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 Common Stock U|(1) | | | | | | | |Common Stock| | |5,151.44 |D | | nits (1) | | | | | | | | | | | | | | | - -------------------------------------------------------------------------------- - -----------------------------------------------| Director Stock Option |13.750 | | | | | |4/27/|4/26/|Common Stock| | |1,000 |D | | (Right to Buy) | | | | | | |95 |05 | | | | | | | - -------------------------------------------------------------------------------- - -----------------------------------------------| Director Stock Option | 22.625 | | | | | | 4/25| 4/24| Common Stock| | |2,000 |D | | (Right to Buy) | | | | | | |/96 |/06 | | | | | | - -------------------------------------------------------------------------------- - -----------------------------------------------| Director Stock Option |16.875 | | | | | | 4/27| 4/26|Common Stock| | |1,000 |D | | (Right to Buy) | | | | | | |/97 |/07 | | | | | | | - -------------------------------------------------------------------------------- - -----------------------------------------------| Director Stock Option | 26.125 | | | | | | 4/23| 4/22| Common Stock| | | 2,000 |D | | (Right to Buy) | | | | | | |/98 |/08 | | | | | | - -------------------------------------------------------------------------------- - -----------------------------------------------| Director Stock Option | 18.375 | | | | | | 5/6/| 5/5/|Common Stock| | |2,000 |D | | (Right to Buy) | | | | | | |99 |09 | | | | | | - -------------------------------------------------------------------------------- - -----------------------------------------------| Director Stock Option |7.8750 | | | | | |5/4/0|5/3/1| Common Stock| | |2,000 |D | | (Right to Buy) | | | | | | |0 |0 | | | | | | | - -------------------------------------------------------------------------------- - -----------------------------------------------| Director Stock Option |11.95 |5/3/0|A | |2,000 |A |5/3/0|5/3/1| Common Stock|2,000 | |2,000 |D | | (Right to Buy) | |1 | | | | |1 |1 | | | | | | | ________________________________________________________________________________ _______________________________________________| Explanation of Responses: NOTES: (1) Adjustments for stock splits or dividends made at time of payment. SIGNATURE OF REPORTING PERSON /s/ Manuel J. Justiz BY: Kenneth J. Mendell DATE June 11, 2001