Joe Negron - Mar 1, 2023 Form 4 Insider Report for GEO GROUP INC (GEO)

Signature
/s/Joe Negron
Stock symbol
GEO
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/3/2023, 03:56 PM
Previous filing
Mar 10, 2022
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Restricted Stock Award $0 +45.5K +24.75% $0.00 229K Mar 1, 2023 Direct F1
holding GEO Common Stock 13.5K Mar 1, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting 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, 2023 to December 31, 2025 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 15, 2026 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.