GEO GROUP INC 4
4 · GEO GROUP INC · Filed Aug 14, 2006
Insider Transaction Report
Form 4
OROURKE JOHN G
SVP & Chief Financial Officer
Transactions
- Discretionary Transaction
Stock Option
2006-08-11$21.50/sh−5,000$107,500→ 0 totalExercise: $21.50From: 1997-01-23Exp: 2007-01-23→ Common Stock (5,000 underlying) - Discretionary Transaction
Stock Option
2006-08-11$18.63/sh−15,000$279,375→ 0 totalExercise: $18.63From: 1999-02-18Exp: 2009-02-18→ Common Stock (15,000 underlying)
Holdings
- 7,630
Restricted Stock
- 30,000
Stock Option
Exercise: $8.44From: 2000-02-16Exp: 2010-02-16→ Common Stock (30,000 underlying) - 4,830
Stock Option
Exercise: $18.25From: 2004-08-05Exp: 2014-08-05→ Common Stock (4,830 underlying) - 25,000
Stock Option
Exercise: $9.30From: 2001-02-08Exp: 2011-02-08→ Common Stock (25,000 underlying) - 8,509
Stock Option
Exercise: $9.51From: 2003-02-12Exp: 2013-02-12→ Common Stock (8,509 underlying) - 21,818
Stock Option
Exercise: $14.00From: 2003-05-01Exp: 2013-05-01→ Common Stock (21,818 underlying)
Footnotes (1)
- [F1]Pursuant to The GEO Group, Inc.'s final prospectus supplement dated June 6, 2006, a voluntary "Option Cash-Out Agreement" dated August 11, 2006, by and between the Company and the Optionee, cancels these options in consideration of a "Cash-Out Payment" equal to the aggregate product of the total number of shares of common stock subject to each option and the excess, if any, of the fair market value of the common stock over the exercise price of each option. The fair market value of the common stock, $42.17, is the NYSE closing price of the common stock on August 11, 2006, the date of the "Option Cash-Out Agreement".