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SUBSEQUENT EVENTS | 12 Months Ended
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Dec. 31, 2014
SUBSEQUENT EVENTS |
17. | SUBSEQUENT EVENTS
During February 2015, CCA issued approximately 0.4 million RSUs to certain of CCA’s employees and non-employee directors, with an aggregate value of $16.9 million. Unless earlier vested under the terms of the RSU agreement, approximately 0.3 million RSUs were issued to officers and executive officers and are subject to vesting over a three-year period based upon satisfaction of certain annual performance criteria for the fiscal years ending December 31, 2015, 2016, and 2017. Approximately 0.1 million RSUs issued to other employees “cliff” vest on the third anniversary of the award. Shares of RSUs issued to non-employee directors vest on the first anniversary of the award. Any RSUs that become vested will be settled in shares of CCA’s common stock. On February 20, 2015, the Company’s Board of Directors declared a quarterly dividend of $0.54 per common share payable April 15, 2015 to shareholders of record on April 2, 2015.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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