Filing Details
- Accession Number:
- 0001181431-12-065817
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-12-18 20:53:11
- Reporting Period:
- 2012-12-14
- Filing Date:
- 2012-12-18
- Accepted Time:
- 2012-12-18 20:53:11
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
923796 | Geo Group Inc | GEO | Services-Facilities Support Management Services (8744) | 650043078 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1174617 | Brian Evans | One Park Place, Suite 700 621 Nw 53Rd Street Boca Raton FL 33487 | Svp, Chief Financial Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2012-12-14 | 1,500 | $29.68 | 2,736 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Restricted Stock | 34,834 | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option | $21.07 | 2009-10-28 | 2019-10-28 | 2,000 | 2,000 | Direct |
Common Stock | Stock Option | $24.61 | 2011-03-01 | 2021-03-01 | 6,000 | 6,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2019-10-28 | 2,000 | 2,000 | Direct |
2021-03-01 | 6,000 | 6,000 | Direct |
Footnotes
- This amount of shares reflects shares of restricted stock that previously vested.
- The reporting person will use all or a portion of the proceeds from the sale of the securities to finance the reporting person's equity participation in GEO Care Holdings LLC, an entity formed by members of The GEO Group, Inc. ("GEO") and GEO Care, Inc.'s management teams (the "MBO Group"), in connection with the previously announced acquisition by the MBO Group of certain health care facility management contracts (the "GEO Care Business") from GEO. The MBO Group's acquisition of the GEO Care Business is related to GEO's announcement that it will take all necessary steps to prepare GEO to operate in compliance with the REIT rules beginning January 1, 2013. The transaction is expected to close on or before December 31, 2012.
- The amount of shares of restricted stock held by the reporting person has been adjusted to reflect the prior vesting of 4,236 shares. The vesting of 20,000 shares of the remaining restricted stock of GEO is contingent upon the achievement by GEO of certain performance-based metrics during 2012, 2013 and 2014, as certified by the compensation committee. Under the terms of the restricted stock grant, vesting can occur annually on August 15, 2013, 2014 and 2015, respectively, or cumulatively on August 15, 2015.