SEC Form 4 · accession 0001209191-16-108995
GEO GROUP INC · GEO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J Bulfin
Officer — SVP & General Counsel
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 9:13 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,F2 | Mar 14, 2016 | D | 2,617 | $0.00 | D | 27,500 | D | |
| Common StockF3,F2 | Mar 14, 2016 | F | 1,337 | $30.71 | D | 127,753 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were forfeited based on the application of a 65.1% combined equity payout of the target restricted stock award at the vesting date based on the level of GEO's achievement of the total shareholder return and return on capital employed metrics during the period from January 1, 2013 to December 31, 2015.
- F2The amount of shares has been adjusted to reflect the March 14, 2016 vesting of 4,883 shares of restricted stock.
- F3These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.