----------------- 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, Section 17(a) of the Public Utility Holding Company Act of 1935 or (Print or Type Responses) Section 30(f) of the Investment Company Act of 1940 ------------------------------------------------------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* 2. Date of Event Requiring 4. Issuer Name and Ticker or Trading Symbol Statement (Month/Day/Year) MILESTONE HOLDING ONE, INC. May 8, 2002 WACKENHUT CORRECTIONS CORPORATION ------------------------------------------------------------------------------------------------------------------------------- (Last) (First) (Middle) 3. I.R.S. Identification 5. Relationship of Person to Issuer Number of Reporting Person, (Check all applicable) if an entity (voluntary) c/o Group 4 Falck A/S Director X 10% Owner Polititorvet, DK-1780 Copenhagen V --- --- ------------------------------------------------- (Street) Officer (give Other (specify --- title below) --- below) Copenhagen, Denmark ------------------------------------------------------------------------------------------------------------------------------- (City) (State) (Zip) ------------------------------------------------- 6. Amendment, Date of Original (Month/Day/Year) ------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person --- X 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 3. Ownership Form: 4. Nature of Indirect Beneficially Owned (Instr. 4) Direct (D) or Beneficial Ownership Indirect (I) (Instr. 5) (Instr. 5) ------------------------------------------------------------------------------------------------------------------------------- Common Stock, par value $0.01 per share 12,000,000 I (1) ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- 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 54(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. Page 1 of 3 Pages FORM 3 (continued) Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) ------------------------------------------------------------------------------------------------------- 1. Title of Derivative 2. Date Exercisable 3. Title and Amount of Securities Security (Instr. 4) and Expiration Date Underlying Derivative Security (Month/Day/Year) (Instr. 4) ------------------------------------------------------------------ Amount Date Expiration or Number Exercisable Date Title of Shares ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- -------------------------------------------------------------------------------- 4. Conversion or 5. Ownership Form 6. Nature of Indirect Exercise Price of Derivative Beneficial Ownership of Derivative Security: (Instr. 5) Security Direct (D) or Indirect (I) (Instr. 5) -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Explanation of Responses: (1) These securities are held indirectly by The Wackenhut Corporation whose sole shareholder is Milestone Holding One, Inc. ("MHO"), a wholly-owned subsidiary of Group 4 Falck A/S ("Group 4 Falck"). MHO and Group 4 Falck disclaim beneficial ownership of these securities. MILESTONE HOLDING ONE, INC. GROUP 4 FALCK A/S **By: /s/ Lars Norby Johansen May 22, 2002 **By: /s/ Lars Norby Johansen May 22, 2002 ----------------------------- -------------- ----------------------------- -------------- Lars Norby Johansen Date Lars Norby Johansen Date President and CEO President and CEO **By: /s/ Derrick Miller May 22, 2002 **By: /s/ Derrick Miller May 22, 2002 ----------------------------- -------------- ----------------------------- -------------- Derrick Miller Date Derrick Miller Date Group CFO Group CFO **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. JOINT FILER INFORMATION Name: Group 4 Falck A/S Address: Polititorvet, DK-1780 Copenhagen V Copenhagen, Denmark Designated Filer: Milestone Holding One, Inc. Issuer & Ticker Symbol: Wackenhut Corrections Corporation ("WHC") Date of Event Requiring Statement: May 8, 2002 Signature: GROUP 4 FALCK A/S By: /s/ Lars Norby Johansen -------------------------- Lars Norby Johansen President and CEO By: /s/ Derrick Miller -------------------------- Derrick Miller Group CFO