Ann M. Schlarb - 08 Mar 2022 Form 4 Insider Report for GEO GROUP INC (GEO)

Role
SVP,GEO & Pres, GEO Care
Signature
/s/Joe Negron, as Attorney-in-Fact for Ann M. Schlarb
Issuer symbol
GEO
Transactions as of
08 Mar 2022
Net transactions value
-$42,887
Form type
4
Filing time
10 Mar 2022, 15:40:05 UTC
Previous filing
03 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Common Stock Award $0 +9,324 +10% $0.000000 98,489 08 Mar 2022 Direct F1
transaction GEO Common Stock Tax liability $42,887 -7,604 -7.7% $5.64 90,885 08 Mar 2022 Direct F2
transaction GEO Restricted Stock Disposed to Issuer $0 -10,000 -5% $0.000000 190,501 08 Mar 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount of shares reflects an increase to the vested restricted stock granted on March 1, 2019 based upon the achievement of the performance-based metrics for the performance period from January 1, 2019 to December 31, 2021. This resulted in a payout of an aggregate of 19,324 shares of common stock.
F2 These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.
F3 This amount of shares reflects the forfeiture of 10,000 shares of restricted stock granted on March 1, 2019 based upon the results of the performance based metrics of the restricted stock during the period from January 1, 2019 to December 31, 2021.