Filing Details
- Accession Number:
- 0001209191-13-001316
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-01-03 17:15:25
- Reporting Period:
- 2012-12-31
- Filing Date:
- 2013-01-03
- Accepted Time:
- 2013-01-03 17:15:25
- 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 |
|---|---|---|---|---|---|---|---|
| 1012998 | C George Zoley | One Park Place, Suite 700 621 Nw 53Rd Street Boca Raton FL 33487 | Chairman & Ceo | Yes | 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 | 257,618 | $29.12 | 493,592 | 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 | 206,688 | 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 | 50,000 | 50,000 | Direct |
| Commonn Stock | Stock Opton | $21.07 | 2009-10-28 | 2019-10-28 | 50,000 | 50,000 | Direct |
| Common Stock | Stock Option | $24.61 | 2011-03-01 | 2021-03-01 | 50,000 | 50,000 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2018-10-30 | 50,000 | 50,000 | Direct |
| 2019-10-28 | 50,000 | 50,000 | Direct |
| 2021-03-01 | 50,000 | 50,000 | 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 176,502 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 65,127 shares of GEO common stock pursuant to the special dividend.
- The amount of shares has been adjusted to reflect the prior vesting of 176,502 shares of restricted stock. Additionally, as a result of the special dividend described in footnote (2) above, the reporting person received 27,271 shares of GEO common stock pursuant to the special dividend.
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