SEC Form 4 · accession 0001209191-17-037979
GEO GROUP INC · GEO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann M Schlarb
Officer — SVP,GEO & Pres, GEO Care
Period of report
Jun 1, 2017
Accepted (ET)
Jun 5, 2017 · 9:00 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Jun 1, 2017 | F | 332 | $30.47 | D | 19,577 | D | |
| Restricted StockF2,F3 | holding | — | — | — | 60,938 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF5,F4 | $14.87 | holding | — | — | — | Aug 15, 2015 | Aug 15, 2022 | Common Stock | 8,670 | 8,670 | D |
Explanation of responses
- F1These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.
- F2On April 24, 2017, the common stock of The GEO Group, Inc. split 3-for-2, resulting in the reporting person's ownership of (i) 6,324 additional shares of common stock and (ii) 20,625 additional shares of restricted stock.
- F3The number of shares has been adjusted to reflect the June 1, 2017 vesting of 937 shares of restricted stock.
- F4On April 24, 2017, the common stock of The GEO Group, Inc. split 3-for-2, resulting in the reporting person's option exercise price being reduced by $7.43.
- F5On April 24, 2017, the common stock of The GEO Group, Inc. split 3-for-2, resulting in the reporting person's ownership of 2,890 additional stock options.