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GEO GROUP INC — Director's Dealing 2018
Mar 5, 2018
31395_dirs_2018-03-05_ad4dce2a-e932-4fb9-9e46-71259fc77def.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GEO GROUP INC (GEO)
CIK: 0000923796
Period of Report: 2018-03-01
Reporting Person: ZOLEY GEORGE C (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-01 | Restricted Stock | D | 5037 | $0.00 | Disposed | 225002 | Direct |
| 2018-03-01 | Common Stock | F | 42289 | $21.30 | Disposed | 1579760 | Direct |
Footnotes
F1: The amount of shares reflects the forfeiture of 5,037 shares of restricted stock based on the results of the performance based metrics of the restricted stock during the period from January 1, 2015 to December 31, 2017.
F2: On April 24, 2017, the common stock of The GEO Group, Inc. split 3-for-2, resulting in the reporting person's ownership of (i) 504,862 additional shares of common stock and (ii) 112,501 additional shares of restricted stock.
F3: The amount of shares has been adjusted to reflect the March 1, 2018 vesting of 107,463 shares of restricted stock.
F4: These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.