SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Grande Anthony L

(Last) (First) (Middle)
10 BURTON HILLS BOULEVARD

(Street)
NASHVILLE TN 37215

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
09/01/2007
3. Issuer Name and Ticker or Trading Symbol
CORRECTIONS CORP OF AMERICA [ CXW ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior VP, Customer Relations
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
CXW Common Stock 15,284(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) 12/30/2005(2) 02/17/2014 CXW Common Stock 12,300 $9.99 D
Employee Stock Option (Right to Buy) 12/30/2005(3) 02/16/2015 CXW Common Stock 22,500 $13.06 D
Employee Stock Option (Right to Buy) 02/15/2007(4) 02/15/2016 CXW Common Stock 19,304 $14.27 D
Employee Stock Option (Right to Buy) 02/16/2008(5) 02/16/2007 CXW Common Stock 11,408 $26.53 D
Explanation of Responses:
1. Includes 2,850 restricted shares granted on 2/16/05, 4,670 restricted shares granted on 2/15/06 and 3,960 restricted shares granted on 2/16/07. These restricted shares were granted subject to incremental and/or cumulative vesting over a three-year period based upon satisfaction of certain performance criteria.
2. Options vested on stated date but are subject to certain re-sale restrictions pursuant to a Resale Restriction Agreement between the reporting person and the company, pursuant to which the re-sale restrictions on the shares underlying the remaining options will lapse on the earler of 02/17/2008 or termination of the reporting persons employment.
3. Options vested on stated date but 11,250 option shares are subject to certain re-sale restrictions pursuant to a Resale Restriction Agreement between the reporting person and the company pursuant to which the re-sale restrictions on the shares underlying the remaining options will lapse (i) in equal increments on 02/16/2008 and 02/16/2009 or (ii) termination of the reporting person's employement, whichever is earlier.
4. 4826 options currently exercisable; the remaining 14478 remain subject to vesting in equal increments over the next three years on the anniversary date of the grant (02/15/2006).
5. Options vest over a four-year period on the anniversary date of the grant (02/16/2007) in equal increments.
Remarks:
Exhibit Index Exhibit 24 -- Power of Attorney
Scott L. Craddock 09/10/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.