| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GEO | Phantom Stock | Disposed to Issuer | $0 | -75K | -11.67% | $0.00 | 568K | Nov 7, 2022 | Common Stock | 75K | Direct | F1, F2, F3, F4 | |
| transaction | GEO | Phantom Stock | Disposed to Issuer | $0 | -75K | -13.22% | $0.00 | 493K | Nov 8, 2022 | Common Stock | 75K | Direct | F1, F2, F3 | |
| transaction | GEO | Phantom Stock | Disposed to Issuer | $0 | -75K | -15.23% | $0.00 | 418K | Nov 9, 2022 | Common Stock | 75K | Direct | F1, F2, F3 | |
| transaction | GEO | Phantom Stock | Disposed to Issuer | $0 | -75K | -17.96% | $0.00 | 343K | Nov 10, 2022 | Common Stock | 75K | Direct | F1, F2, F3 | |
| transaction | GEO | Phantom Stock | Disposed to Issuer | $0 | -75K | -21.9% | $0.00 | 268K | Nov 11, 2022 | Common Stock | 75K | Direct | F1, F2, F3 | |
| transaction | GEO | Phantom Stock | Disposed to Issuer | $0 | -75K | -28.03% | $0.00 | 193K | Nov 14, 2022 | Common Stock | 75K | Direct | F1, F2, F3 | |
| transaction | GEO | Phantom Stock | Disposed to Issuer | $0 | -75K | -38.96% | $0.00 | 118K | Nov 15, 2022 | Common Stock | 75K | Direct | F1, F2, F3 | |
| transaction | GEO | Phantom Stock | Disposed to Issuer | $0 | -75K | -63.82% | $0.00 | 42.5K | Nov 16, 2022 | Common Stock | 75K | Direct | F1, F2, F3 | |
| transaction | GEO | Phantom Stock | Disposed to Issuer | $0 | -42.5K | -100% | $0.00* | 0 | Nov 17, 2022 | Common Stock | 42.5K | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | Each share of phantom stock was the economic equivalent of one share of common stock. The shares of phantom stock were originally payable in shares of common stock upon the reporting person's retirement from employment with The GEO Group, Inc. pursuant to the terms of the reporting person's Amended and Restated Executive Retirement Agreement, effective February 26, 2020 (the "Prior Retirement Agreement"). |
| F2 | As previously disclosed, the Company and Mr. Zoley entered into the Amended and Restated Executive Retirement Agreement, dated as of May 27, 2021 (the "Amended and Restated Executive Retirement Agreement"). Pursuant to the terms of the Amended and Restated Executive Retirement Agreement, upon the date that Mr. Zoley ceases to provide services to the Company, the Company will pay to Mr. Zoley an amount equal to the Grandfathered Payment (as defined in the Amended and Restated Executive Retirement Agreement) which shall be paid in cash, as adjusted to reflect the credit of interest and the annual contribution amount by the Company pursuant to the terms of the Amended and Restated Executive Retirement Agreement. The Company had previously placed shares of Company common stock in rabbi trusts to fund the Company's obligation to pay Mr. Zoley's retirement benefit in shares of common stock under the terms of the Prior Retirement Agreement. |
| F3 | The dispositions reported in this Form 5 reflect dispositions by the Company of the shares of common stock held in the rabbi trusts. Mr. Zoley did not exercise any discretion with respect to the dispositions and did not receive any proceeds from such dispositions. |
| F4 | The amount of shares reflects an increase to the 642,118 shares previously reported as a result of 407 shares credited due to dividends declared and paid pursuant to the terms of the Prior Retirement Agreement. |