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GEO GROUP INC — Director's Dealing 2021
Mar 10, 2021
31395_dirs_2021-03-10_474c4314-7335-434c-b5bd-8b08bb20c99e.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: 2021-03-08
Reporting Person: Venturella David J (SVP-Business Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-08 | Common Stock | A | 12488 | $0.00 | Acquired | 88094 | Direct |
| 2021-03-08 | Common Stock | F | 10817 | $8.02 | Disposed | 77277 | Direct |
| 2021-03-08 | Restricted Stock | D | 15000 | $0.00 | Disposed | 103750 | Direct |
Footnotes
F1: This amount of shares reflects an increase to the vested restricted stock granted on April 24, 2018 based upon the achievement of the performance-based metrics for the performance period from January 1, 2018 to December 31, 2020. This resulted in a payout of an aggregate of 27,488 shares of common stock.
F2: These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.
F3: This amount of shares reflects the forfeiture of 15,000 shares of restricted stock granted on April 24, 2018 based upon the results of the performance-based metrics of the restricted stock during the period from January 1, 2018 to December 31, 2020.