4//SEC Filing
Dominicis Jorge A 4
Accession 0001209191-13-001305
CIK 0000923796other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:13 PM ET
Size
10.8 KB
Accession
0001209191-13-001305
Insider Transaction Report
Form 4
Dominicis Jorge A
SVP Mental Health Services
Transactions
- Sale
Common Stock
2012-12-31$29.12/sh−27,282$794,452→ 8,951 total
Holdings
- 2,000
Stock Option
Exercise: $16.69From: 2008-10-30Exp: 2018-10-30→ Common Stock (2,000 underlying) - 40,128
Restricted Stock
- 10,000
Stock Option
Exercise: $21.07From: 2009-10-28Exp: 2019-10-28→ Common Stock (10,000 underlying) - 10,000
Stock Options
Exercise: $24.61From: 2011-03-01Exp: 2021-03-01→ Common Stock (10,000 underlying)
Footnotes (3)
- [F1]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.
- [F2]The amount of shares reflects the prior vesting of 24,685 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 1,181 shares of GEO common stock pursuant to the special dividend.
- [F3]The amount of shares has been adjusted to reflect the prior vesting of 24,685 shares of restricted stock. Additionally, as a result of the special dividend described in footnote (2) above, the reporting person received 5,294 shares of GEO common stock pursuant to the special dividend.
Documents
Issuer
GEO GROUP INC
CIK 0000923796
Entity typeother
Related Parties
1- filerCIK 0001293627
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 5:13 PM ET
- Size
- 10.8 KB