GEO GROUP INC 4
4 · GEO GROUP INC · Filed Feb 24, 2014
Insider Transaction Report
Form 4
HURLEY JOHN
President - U.S. Corrections
Transactions
- Award
Restricted Stock
2014-02-20+10,000→ 43,041 total
Holdings
- 34,143
Common Stock
Footnotes (1)
- [F1]Vesting of this grant of restricted stock of GEO is contingent upon the achievement by GEO of certain performance-based metrics during the period from January 1, 2014 to December 31, 2016 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 1, 2017 to the extent the performance goals are achieved. Of the grant of restricted stock, 75% is subject to vesting based on GEO's total shareholder return over a three-year period and 25% is subject to vesting based on certain return on capital employed performance goals being met.