SEC Form 4 · accession 0001209191-16-108314
GEO GROUP INC · GEO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Evans
Officer — SVP, Chief Financial Officer
Period of report
Mar 10, 2016
Accepted (ET)
Mar 14, 2016 · 9:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000923796
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted StockF1 | Mar 10, 2016 | A | 12,500 | $0.00 | A | 45,000 | D | |
| Common Stock | holding | — | — | — | 26,882 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $18.23 | holding | — | — | — | Oct 28, 2013 | Oct 28, 2019 | Common Stock | 2,312 | 2,312 | D |
| Stock Options | $21.29 | holding | — | — | — | Mar 1, 2015 | Mar 1, 2021 | Common Stock | 6,936 | 6,936 | D |
Explanation of responses
- F1Vesting of this grant of restricted stock of GEO is contingent upon the achievement by GEO of certain performance-based metrics during the period from January 1, 2016 to December 31, 2018 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 10, 2019 to the extent the performance goals are achieved. Of the grant of restricted stock, 50% is subject to vesting based on GEO's total shareholder return over a three-year period and 50% is subject to vesting based on certain return on capital employed performance goals being met.