Filing Details

Accession Number:
0001209191-13-001293
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-01-03 17:11:34
Reporting Period:
2012-12-31
Filing Date:
2013-01-03
Accepted Time:
2013-01-03 17:11:34
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 2012-12-31 2,736 $29.12 0 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 40,128 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
  1. 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.
  2. 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 5,294 shares of GEO common stock pursuant to the special dividend.