CALABRESE WAYNE H 4
4 · GEO GROUP INC · Filed Sep 3, 2010
Insider Transaction Report
Form 4
CALABRESE WAYNE H
DirectorPresident and COO
Transactions
- Sale
Restricted Stock
2010-09-01$22.59/sh−55,262$1,248,369→ 37,500 total - Sale
Common Stock
2010-09-01$22.59/sh−333,697$7,538,215→ 0 total
Holdings
- 18,966
Stock Option
Exercise: $6.08From: 2004-08-05Exp: 2014-08-05→ Common Stock (18,966 underlying) - 30,000
Stock Option
Exercise: $16.69From: 2008-10-30Exp: 2018-10-30→ Common Stock (30,000 underlying) - 14,799
Stock Option
Exercise: $7.51From: 2006-03-02Exp: 2016-03-02→ Common Stock (14,799 underlying) - 30,000
Stock Option
Exercise: $21.07From: 2009-10-28Exp: 2019-10-28→ Common Stock (30,000 underlying)
Footnotes (2)
- [F1]The GEO Group, Inc.("GEO") repurchased these vested restricted shares from Mr. Calabrese on September 1, 2010 at a price per share of $22.59, which was the closing trading price of GEO common stock on that date. Mr. Calabrese used a portion of the proceeds of this sale to pay taxes associated with the 9/1/2010 vesting of 7,500 shares of restricted stock.
- [F2]The GEO Group, Inc. ("GEO") repurchased these shares on September 1, 2010 at a price per share of $22.59, which was the closing trading price of GEO common stock on that date. On August 26, 2010, Mr. Calabrese announced that he will retire from GEO effective December 31, 2010. As disclosed by GEO on that date, GEO agreed to repurchase from Mr. Calabrese on September 1, 2010, approximately 380,000 shares of GEO common stock held by Mr. Calabrese at the closing price of GEO common stock as reported on the New York Stock Exchange on September 1, 2010.