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FORM 3 U.S. SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
-------- Washington, D.C. 20549 ----------------------------
OMB Number: 3235-0104
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Expires: December 31, 2001
Estimated average burden
Filed pursuant to Section 16(a) of the Securities Exchange hours per response.......0.5
Act of 1934, Section 17(a) of the Public Utility Holding ----------------------------
Company Act of 1935 or Section 30(f) of the
Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Income Opportunity Fund I LLC
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(Last) (First) (Middle)
c/o Millennium Partners
1995 Broadway
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(Street)
New York NY 10023
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
11/02/00
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3. IRS Identification Number of Reporting Person, if an entity (voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Corrections Corporation of America (CXW)
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|_| Director |x| 10% Owner
|_| Officer (give title below) |_| Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
12/20/01 (1)
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7. Individual or Joint/Group Filing (Check Applicable Line)
|_| Form Filed by One Reporting Person
|x| Form Filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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1. Title of Security 2. Amount of Securities 3. Ownership Form: 4. Nature of Indirect Beneficial Ownership
(Instr. 4) Beneficially Owned Direct (D) or (Instr. 5)
(Instr. 4) Indirect (I)
(Instr. 5)
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Common stock, par value $.01 per share 1,500 (2) D (3)
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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).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
(Over)
SEC 1473 (3-992)
FORM 3 (continued) Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative 2. Date Exercisable 3. Title and Amount of Securities 4. Conver- 5. Owner- 6. Nature of
Security (Instr. 4) and Expiration Date Underlying Derivative Security sion or ship Indirect
(Month/Day/Year) (Instr. 4) Exercise Form of Beneficial
---------------------- --------------------------------- Price of Derivative Ownership
Date Expira- Amount Derivative Security: (Instr. 5)
Exer- tion or Security Direct
cisable Date Title Number (D) or
of Indirect
Shares (I)
(Instr. 5)
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10% convertible
subordinated notes Common stock, par
due 2008 1/1/01 12/31/08 value $.01 per share 1,307,934(2) (4) (5)(8) (5)(8)
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10% convertible
subordinated notes Common stock, par
due 2008 1/1/01 12/31/08 value $.01 per share 1,307,934(2) (4) (6)(8) (6)(8)
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10% convertible
subordinated notes Common stock, par
due 2008 1/1/01 12/31/08 value $.01 per share 840,724(2) (4) (7)(8) (7)(8)
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Series B cumulative
convertible Common stock, par
preferred stock 12/7/00 value $.01 per share 2,257(2) (9) D (3)
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Explanation of Responses:
(1) This amendment is being filed to (i) correct the conversion price of the 10%
convertible subordinated notes due 2008 (the "Notes") and consequently the
number of shares of common stock, par value $.01 per share, of the issuer
("Common Stock") underlying the Notes, and (ii) to report additional shares of
the issuer's capital stock held by Christopher M. Jeffries.
(2) Reflects the one-for-ten reverse stock split effected by the issuer on May
18, 2001.
(3) These securities are directly owned by Mr. Jeffries.
(4) 84.07247 shares of Common Stock per $1,000 principal amount of Notes.
(5) These securities are directly owned by Income Opportunity Fund I LLC
("IOF"). Millennium Development Partners V LLC ("MDP V") has an indirect
beneficial interest in these securities in its capacity as managing member of
IOF. Mr. Jeffries has an indirect beneficial interest in these securities in his
capacity as the controlling member of MDP V.
(6) These securities are directly owned by Millennium Holdings III LLC ("MH
III"). Mr. Jeffries has an indirect beneficial interest in these securities in
his capacity as the controlling member of MH III.
(7) These securities are directly owned by Millennium Holdings II LLC ("MH II").
Mr. Jeffries has an indirect beneficial interest in these securities in his
capacity as the controlling member of MH II.
(8) All reporting persons disclaim beneficial ownership in the securities of the
issuer except to the extent of their pecuniary interest, if any, therein.
(9) 2.5088 shares of Common Stock per share of series B cumulative convertible
preferred stock (reflects the one-for-ten stock split effected by the issuer on
May 18, 2001).
** 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.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number.
INCOME OPPORTUNITY FUND I LLC
By: MILLENNIUM DEVELOPMENT PARTNERS V LLC, its
managing member
By: /s/ Steven L. Hoffman
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Name: Steven L. Hoffman
Title: Vice President
Date: February 4, 2002
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Page 2 of 3
CONTINUATION SHEET RELATING TO JOINT FORM 3
FILED BY INCOME OPPORTUNITY FUND I LLC
JOINT FILER INFORMATION
DESIGNATED FILER: Income Opportunity Fund I LLC
ISSUER & TICKLER SYMBOL: Corrections Corporation of America (CXW)
DATE OF EVENT REQUIRING
STATEMENT: 11/02/00
OTHER REPORTING PERSONS:
1. Millennium Development Partners V LLC
c/o Millennium Partners
1995 Broadway
New York, NY 10023
By: /s/ Steven L. Hoffman
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Name: Steven L. Hoffman
Title: Vice President
2. Millennium Holdings II LLC
c/o Millennium Partners
1995 Broadway
New York, NY 10023
By: /s/ Steven L. Hoffman
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Name: Steven L. Hoffman
Title: Vice President
3. Millennium Holdings III LLC
c/o Millennium Partners
1995 Broadway
New York, NY 10023
By: /s/ Steven L. Hoffman
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Name: Steven L. Hoffman
Title: Vice President
4. Christopher M. Jeffries
c/o Millennium Partners
1995 Broadway
New York, NY 10023
/s/ Christopher M. Jeffries
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