Home > Insider Trading > Filing (0001209191-13-001283)

Filing Details

Accession Number:: 0001209191-13-001283
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-01-03 17:09:56
Reporting Period:: 2012-12-31

Filing Date:: 2013-01-03
Accepted Time:: 2013-01-03 17:09:56
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
1387401	M Thomas Wierdsma	One Park Place, Suite 700 621 Nw 53Rd Street Boca Raton FL 33487	Svp - Project Development	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2012-12-31	4,339	$29.12	10,185	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	30,528	Direct
Common Stock	120	Indirect	By self as custodian for B. Wierdsma
Common Stock	120	Indirect	By self as custodian for Oliver Thomas Adams
Common Stock	120	Indirect	By self as custodian for Lauren Diane Wierdsma
Common Stock	120	Indirect	By Self as custodian for Robert Oliver Weirdsman

Reported Derivative Holdings

Show Other Fields >>

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	7,500	7,500	Direct
Common Stock	Stock Option	$24.61	2011-03-01	2021-03-01	7,500	7,500	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2019-10-28	7,500	7,500	Direct
2021-03-01	7,500	7,500	Direct

Footnotes

These shares were sold by the reporting person to The GEO Group, Inc. ("GEO") under GEO's stock repurchase program at the closing price of GEO's common stock on December 12, 2012, the record date for GEO's special dividend described in footnote (2) below. The sale was approved by GEO's Audit and Finance Committee. The reporting person used 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 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 sale of the GEO Care Business closed on December 31, 2012.
The amount of shares reflects the prior vesting of 3,000 shares of restricted stock. Additionally, on December 6, 2012, the Board of Directors of GEO declared a special dividend of $5.68 per share of common stock, representing approximately $350 million of accumulated earnings and profits, which was paid on December 31, 2012 to shareholders of record as of December 12, 2012. As a result, the reporting person received 1,701 shares of GEO common stock pursuant to the special dividend.
The amount of shares has been adjusted to reflect the prior vesting of 3,000 shares of restricted stock. Additionally, as a result of the special dividend described in footnote (2) above, the reporting person received 4,028 shares of GEO common stock pursuant to the special dividend.
As a result of the special dividend described in footnote (2) above, the reporting person received 20 shares of GEO common stock pursuant to the special dividend.