Filing Details
- Accession Number:
- 0001209191-13-001305
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-01-03 17:13:48
- Reporting Period:
- 2012-12-31
- Filing Date:
- 2013-01-03
- Accepted Time:
- 2013-01-03 17:13:48
- 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 |
---|---|---|---|---|---|---|---|
1293627 | A Jorge Dominicis | One Park Place, Suite 700 621 Northwest 53Rd Street Boca Raton FL 33487 | Svp, Residential Treatment Svc | 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 | 27,282 | $29.12 | 8,951 | 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 | $16.69 | 2008-10-30 | 2018-10-30 | 2,000 | 2,000 | Direct |
Common Stock | Stock Option | $21.07 | 2009-10-28 | 2019-10-28 | 10,000 | 10,000 | Direct |
Common Stock | Stock Options | $24.61 | 2011-03-01 | 2021-03-01 | 10,000 | 10,000 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2018-10-30 | 2,000 | 2,000 | Direct |
2019-10-28 | 10,000 | 10,000 | Direct |
2021-03-01 | 10,000 | 10,000 | 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 24,685 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 1,181 shares of GEO common stock pursuant to the special dividend.
- The amount of shares has been adjusted to reflect the prior vesting of 24,685 shares of restricted stock. Additionally, as a result of the special dividend described in footnote (2) above, the reporting person received 5,294 shares of GEO common stock pursuant to the special dividend.