SEC Form 4 · accession 0001209191-17-018113

GEO GROUP INC · GEO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Officer — SVP-Corrections & Detention

Period of report

Mar 1, 2017

Accepted (ET)

Mar 3, 2017 · 9:56 pm EST

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
Restricted Stock^F1,F2	Mar 1, 2017	A	12,500	$0.00	A	30,500	D
Common Stock^F3,F2	Mar 1, 2017	F	342	$48.40	D	12,962	D
Common Stock^F3	Mar 2, 2017	F	561	$47.73	D	12,401	D

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	1,156	1,156	D
Stock Options	$21.29	holding	—	—	—	Mar 1, 2015	Mar 1, 2021	Common Stock	3,468	3,468	D

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, 2017 to December 31, 2019 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 10, 2020 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.
F2The amount of shares has been adjusted to reflect the March 1, 2017 vesting of 1,250 shares of restricted stock and the March 2, 2017 vesting of 1,500 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.