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GEO GROUP INC — Director's Dealing 2022
Mar 10, 2022
31395_dirs_2022-03-10_999781de-5cfd-4fe1-b878-e18913ce201b.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: 2022-03-08
Reporting Person: EVANS BRIAN (SVP, Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-08 | Common Stock | A | 49728 | $0.00 | Acquired | 244861 | Direct |
| 2022-03-08 | Common Stock | F | 40555 | $5.64 | Disposed | 204306 | Direct |
| 2022-03-08 | Restricted Stock | D | 53333 | $0.00 | Disposed | 397334 | Direct |
Footnotes
F1: The amount of shares reflects an increase to the vested restricted stock granted on March 1, 2019 and June 4, 2021 based upon the achievement of the performance-based metrics for the performance period from January 1, 2019 to December 31, 2021. This resulted in a payout of an aggregate of 103,061 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 20,000 shares of restricted stock granted on March 1, 2019 and 33,333 shares of restricted stock granted on June 4, 2021 based upon the results of the performance based metrics of the restricted stock during the period from January 1, 2019 to December 31, 2021.