Ronald A. Brack - 01 Mar 2023 Form 4 Insider Report for GEO GROUP INC (GEO)

Signature
/s/Joe Negron, as Attorney-in-Fact for Ronald A. Brack
Issuer symbol
GEO
Transactions as of
01 Mar 2023
Net transactions value
-$40,371
Form type
4
Filing time
03 Mar 2023, 18:02:59 UTC
Previous filing
14 Mar 2022
Next filing
05 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Restricted Stock Award $0 +20,979 +93% $0.000000 43,479 01 Mar 2023 Direct F1, F2
transaction GEO Common Stock Tax liability $40,371 -4,451 -6.1% $9.07 68,882 01 Mar 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This grant of restricted stock of The GEO Group, Inc. vests in equal annual increments of 25% on each of the four anniversary dates immediately following the grant date.
F2 The amount of shares has been adjusted to reflect the March 1, 2023 vesting of 13,750 shares of restricted stock.
F3 These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.