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GEO GROUP INC — Director's Dealing 2021
Mar 10, 2021
31395_dirs_2021-03-10_e4292a7f-42b4-4905-bc36-5e3b7c9276f7.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: Schlarb Ann M (SVP,GEO & Pres, GEO Care)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-08 | Common Stock | A | 12488 | $0.00 | Acquired | 89688 | Direct |
| 2021-03-08 | Common Stock | F | 10523 | $8.02 | Disposed | 79165 | Direct |
| 2021-03-08 | Restricted Stock | D | 15000 | $0.00 | Disposed | 110501 | 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.