SEC Form 4 · accession 0001209191-18-045050
CoreCivic, Inc. · CXW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Damon T Hininger
Officer — President & CEO · Director
Period of report
Jul 31, 2018
Accepted (ET)
Aug 2, 2018 · 5:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001070985
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 31, 2018 | M | 14,027 | $24.00 | A | 238,785 | D | |
| Common Stock | Jul 31, 2018 | S | 14,027 | $26.00 | D | 224,758 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1,F2 | $24.00 | Jul 31, 2018 | S | 14,027 | D | Aug 14, 2011 | Aug 14, 2018 | Common Stock | 14,027 | 224,758 | D |
Explanation of responses
- F1As adjusted to reflect an increase in the number of shares underlying the option and a decrease in the per share exercise price of such option as a result of the special dividend paid in connection with our REIT conversion to stockholders of record on April 19, 2013.
- F2Thirty-three percent (33%) of options granted became exercisable on each of the first, second,and third anniversary of the option grant date. Date Exercisable reflects the first date 100% of each option grant was exercisable (i.e., the third anniversary of the option grant date).
Remarks
Exercise of employee stock options and sale of stock acquired upon exercise pursuant to Rule 10b5-1 trading plan.