SEC Form 4 · accession 0001209191-16-108318
GEO GROUP INC · GEO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Wierdsma
Officer — SVP - Project Development
Period of report
Mar 10, 2016
Accepted (ET)
Mar 14, 2016 · 9:41 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 | 10,000 | $0.00 | A | 35,000 | D | |
| Common StockF2 | holding | — | — | — | 54,023 | D | ||
| Common StockF3 | holding | — | — | — | 617 | I | By self as custodian for B. Wierdsma | |
| Common StockF3 | holding | — | — | — | 617 | I | By self as custodian for Oliver Thomas Adams | |
| Common StockF3 | holding | — | — | — | 617 | I | By self as custodian for Lauren Diane Wierdsma | |
| Common StockF3 | holding | — | — | — | 617 | I | By self as custodian for Robert Oliver Wierdsma |
Table II — derivative securities
No Table II lines on this filing.
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.
- F2This amount has been adjusted to reflect the reinvestment of cash dividends into shares of common stock.
- F3The amount of shares has been adjusted to reflect a gift of 13 shares.