SEC Form 4 · accession 0001209191-18-017012
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 1, 2018
Accepted (ET)
Mar 5, 2018 · 9:04 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted StockF1,F2,F3 | Mar 1, 2018 | D | 839 | $0.00 | D | 63,750 | D | |
| Common StockF4,F2,F3 | Mar 1, 2018 | F | 5,795 | $21.30 | D | 68,105 | 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,F6 | $12.15 | holding | — | — | — | Oct 28, 2013 | Oct 28, 2019 | Common Stock | 3,468 | 3,468 | D |
| Stock OptionsF7,F8 | $14.19 | holding | — | — | — | Mar 1, 2015 | Mar 1, 2021 | Common Stock | 10,404 | 10,404 | D |
Explanation of responses
- F1The amount of shares reflects the forfeiture of 839 shares of restricted stock based on the results of the performance based metrics of the restricted stock during the period from January 1, 2015 to December 31, 2017.
- F2The amount of shares has been adjusted to reflect the March 1, 2018 vesting of 17,911 shares of restricted stock.
- F3On April 24, 2017, the common stock of The GEO Group, Inc. split 3-for-2, resulting in the reporting person's ownership of (i) 18,663 additional shares common stock and (ii) 27,500 additional shares of restricted stock.
- F4These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.
- F5On April 24, 2017, the common stock of The GEO Group, Inc. split 3-for-2 resulting in the reporting person's stock option price being reduced by $6.08.
- F6On April 24, 2017, the common stock of The GEO Group, Inc. split 3-for-2, resulting in the reporting person's ownership of 1,156 additional stock options.
- F7On April 24, 2017, the common stock of The GEO Group, Inc. split 3-for-2 resulting in the reporting person's stock option price being reduced by $7.10.
- F8On April 24, 2017, the common stock of The GEO Group, Inc. split 3-for-2, resulting in the reporting person's ownership of 3,468 additional stock options.