SEC Form 4 · accession 0001209191-18-060631
CoreCivic, Inc. · CXW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Garfinkle
Officer — EVP & Chief Financial Officer
Period of report
Nov 29, 2018
Accepted (ET)
Dec 3, 2018 · 5:29 pm EST
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 | Nov 29, 2018 | M | 5,010 | $9.13 | A | 105,082 | D | |
| Common Stock | Nov 29, 2018 | S | 5,010 | $21.6968 | D | 100,072 | D | |
| Common StockF1 | Dec 3, 2018 | M | 19,385 | $17.57 | A | 119,457 | D | |
| Common StockF2 | Dec 3, 2018 | F | 17,040 | $21.95 | D | 102,417 | 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,F3 | $9.13 | Nov 29, 2018 | M | 5,010 | D | Feb 18, 2013 | Feb 18, 2019 | Common Stock | 5,010 | 100,072 | D |
| Employee Stock Option (Right to Buy)F1,F3 | $17.57 | Dec 3, 2018 | M | 19,385 | D | Feb 18, 2014 | Feb 18, 2020 | Common Stock | 19,385 | 119,457 | 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 to stockholders of record on April 19, 2013 in connection with the Issuer's REIT conversion.
- F2Represents shares forfeited to cover both the aggregate exercise price of the options being exercised and taxes arising from that exercise.
- F3Twenty-five (25%) of options granted became exercisable on each of the first, second, third and fourth anniversary of the option grant date. Date Exercisable reflects the first date 100% of each option grant was exercisable (i.e., the fourth 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.