GEO GROUP INC — Director's Dealing 2010

Mar 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GEO GROUP INC (GEO)
CIK: 0000923796
Period of Report: 2010-03-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-12	Common Stock	M	150000	$3.10	Acquired	256000	Direct
2010-03-12	Common Stock	S	69644	$19.74	Disposed	186356	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-12	Stock Option	$3.10	M	150000	Disposed	2011-02-08	Common Stock (150000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Restricted Stock	106459	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$5.1334	2012-02-07	Common Stock (150000)	150000	Direct
Stock Option	$3.17	2013-02-12	Common Stock (42546)	42546	Direct
Stock Option	$4.6667	2013-05-01	Common Stock (109095)	109095	Direct
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 March 12, 2010 at a price per share of $19.74, 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 March 12, 2010 of stock options with respect to 150,000 shares of common stock (as further described in Table II), and to pay taxes associated with the exercise of such stock options.