Fuller Stephen V. 4
4 · GEO GROUP INC · Filed Dec 13, 2012
Insider Transaction Report
Form 4
Fuller Stephen V.
SVP - Human Resources
Transactions
- Exercise/Conversion
Common Stock
2012-12-13$21.07/sh+4,000$84,280→ 10,500 total - Exercise/Conversion
Common Stock
2012-12-13$24.61/sh+3,000$73,830→ 13,500 total - Exercise/Conversion
Common Stock
2012-12-13$21.55/sh+6,000$129,330→ 6,000 total - Exercise/Conversion
Common Stock
2012-12-13$16.69/sh+500$8,345→ 6,500 total - Exercise/Conversion
Stock Option
2012-12-13−6,000→ 0 totalExercise: $21.55From: 2007-02-05Exp: 2017-02-05→ Common Stock (6,000 underlying) - Sale
Common Stock
2012-12-13$28.76/sh−13,500$388,260→ 0 total - Exercise/Conversion
Stock Option
2012-12-13−500→ 0 totalExercise: $16.69From: 2008-10-30Exp: 2018-10-30→ Common Stock (500 underlying) - Exercise/Conversion
Stock Option
2012-12-13−4,000→ 1,000 totalExercise: $21.07From: 2009-10-28Exp: 2019-10-28→ Common Stock (4,000 underlying) - Exercise/Conversion
Stock Option
2012-12-13−3,000→ 4,500 totalExercise: $24.61From: 2011-03-01Exp: 2021-03-01→ Common Stock (3,000 underlying)
Holdings
- 26,000
Restricted Stock
Footnotes (2)
- [F1]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.
- [F2]The vesting of this grant of 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.