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GEO GROUP INC — Director's Dealing 2022
Mar 10, 2022
31395_dirs_2022-03-10_fcabf597-31f7-4993-86d4-b521ce301956.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: Venturella David J (SVP-Client Relations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-08 | Common Stock | A | 9324 | $0.00 | Acquired | 96601 | Direct |
| 2022-03-08 | Common Stock | F | 4706 | $5.64 | Disposed | 91895 | Direct |
| 2022-03-08 | Restricted Stock | D | 10000 | $0.00 | Disposed | 183750 | Direct |
Footnotes
F1: This amount of shares reflects an increase to the vested restricted stock granted on March 1, 2019 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 19,324 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 10,000 shares of restricted stock granted on March 1, 2019 based upon the results of the performance-based metrics of the restricted stock during the period from January 1, 2019 to December 31, 2021.