GEO GROUP INC — Director's Dealing 2010

May 11, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GEO GROUP INC (GEO)
CIK: 0000923796
Period of Report: 2010-05-07

Reporting Person: CALABRESE WAYNE H (Director, President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-05-07	Common Stock	M	150000	$5.1334	Acquired	336356	Direct
2010-05-07	Common Stock	M	42546	$3.17	Acquired	378902	Direct
2010-05-07	Common Stock	M	109095	$4.6667	Acquired	487997	Direct
2010-05-07	Common Stock	S	154300	$20.26	Disposed	333697	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-05-07	Stock Option	$5.1334	M	150000	Disposed	2012-02-07	Common Stock (150000)	Direct
2010-05-07	Stock Option	$3.17	M	42546	Disposed	2013-02-12	Common Stock (42546)	Direct
2010-05-07	Stock Option	$4.6667	M	109095	Disposed	2013-05-01	Common Stock (109095)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Restricted Stock	98229	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$6.0833	2014-08-05	Common Stock (18966)	18966	Direct
Stock Option	$7.51	2016-03-02	Common Stock (14799)	14799	Direct
Stock Option	$16.69	2018-10-30	Common Stock (30000)	30000	Direct
Stock Option	$21.07	2019-10-28	Common Stock (30000)	30000	Direct

Footnotes

F1: These shares of common stock were sold by Mr. Calabrese to The GEO Group, Inc. ("GEO") on May 7, 2010 at a price per share of $20.26, which was the closing trading price of GEO common stock on that date. GEO repurchased the shares pursuant to its recently announced $80 million stock buyback program. Mr. Calabrese used the proceeds of this sale to fund the exercise on May 7, 2010 of stock options with respect to 301,641 shares of common stock (as further described in Table II), and to pay taxes associated with the exercise of such stock options.