GEO GROUP INC 4
4 · GEO GROUP INC · Filed Mar 14, 2016
Insider Transaction Report
Form 4
Wierdsma Thomas M
SVP - Project Development
Transactions
- Award
Restricted Stock
2016-03-10+10,000→ 35,000 total
Holdings
- 617(indirect: By self as custodian for B. Wierdsma)
Common Stock
- 617(indirect: By self as custodian for Oliver Thomas Adams)
Common Stock
- 617(indirect: By self as custodian for Lauren Diane Wierdsma)
Common Stock
- 54,023
Common Stock
- 617(indirect: By self as custodian for Robert Oliver Wierdsma)
Common Stock
Footnotes (3)
- [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, 2016 to December 31, 2018 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 10, 2019 to the extent the performance goals are achieved. Of the grant of restricted stock, 50% is subject to vesting based on GEO's total shareholder return over a three-year period and 50% is subject to vesting based on certain return on capital employed performance goals being met.
- [F2]This amount has been adjusted to reflect the reinvestment of cash dividends into shares of common stock.
- [F3]The amount of shares has been adjusted to reflect a gift of 13 shares.