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GEO GROUP INC — Director's Dealing 2023
Mar 10, 2023
31395_dirs_2023-03-10_1f9c81b8-43b4-4cfc-947c-ac3d87100793.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: 2023-03-08
Reporting Person: Long Richard Kent (SVP-Project Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-08 | Common Stock | A | 15000 | $0.00 | Acquired | 76682 | Direct |
| 2023-03-08 | Common Stock | F | 14227 | $8.82 | Disposed | 62455 | Direct |
| 2023-03-08 | Restricted Stock | D | 3150 | $0.00 | Disposed | 192077 | Direct |
Footnotes
F1: This amount of shares reflects an increase to the vested restricted stock granted on March 1, 2020 based upon the achievement of the performance-based metrics for the performance period from January 1, 2020 to December 31, 2022. This resulted in a payout of an aggregate of 41,850 shares of common stock.
F2: The amount of shares has been adjusted to reflect the March 8, 2023 vesting of 26,850 shares of restricted stock.
F3: These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.
F4: This amount of shares reflects the forfeiture of 3,150 shares of restricted stock granted on March 1, 2020 based upon the results of the performance-based metrics of the restricted stock during the period from January 1, 2020 to December 31, 2022.