Joe Negron - Mar 1, 2024 Form 4 Insider Report for GEO GROUP INC (GEO)

Role: SVP, General Counsel & Sec.
Signature: /s/Joe Negron
Stock symbol: GEO
Transactions as of: Mar 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/5/2024, 05:01 PM
Previous filing: Mar 10, 2023
Next filing: Mar 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GEO	Restricted Stock	Award	$0	+35.1K	+17.64%	$0.00	234K	Mar 1, 2024	Direct	F1
holding	GEO	Common Stock						41K	Mar 1, 2024	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, 2024 to December 31, 2026 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 15, 2027 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.

Content

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, 2024 to December 31, 2026 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 15, 2027 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.