4//SEC Filing
GEO GROUP INC 4
Accession 0001209191-17-018094
$GEOCIK 0000923796operating
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 9:29 PM ET
Size
12.2 KB
Accession
0001209191-17-018094
Insider Transaction Report
Form 4
Wierdsma Thomas M
SVP - Project Development
Transactions
- Award
Restricted Stock
2017-03-01+10,000→ 30,000 total - Disposition to Issuer
Common Stock
2017-03-01−1,061→ 64,008 total - Tax Payment
Common Stock
2017-03-01$48.40/sh−1,762$85,281→ 62,246 total
Holdings
- 617(indirect: By self a custodian for Lauren Diane Wierdsma)
Common Stock
- 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 Robert Oliver Wierdsma)
Common Stock
Footnotes (4)
- [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, 2017 to December 31, 2019 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 10, 2020 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]The amount of shares has been adjusted to reflect the March 1, 2017 vesting of 6,439 shares of restricted stock and the forfeiture of 1,061 shares of restricted stock based on the results of the performance-based metrics of the restricted stock during the period from January 1, 2014 to December 31, 2016.
- [F3]The amount of shares reflects the forfeiture of 1,061 shares of restricted stock based on the results of the performance based metrics of the restricted stock during the period from January 1, 2014 to December 31, 2016.
- [F4]These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.
Documents
Issuer
GEO GROUP INC
CIK 0000923796
Entity typeoperating
IncorporatedFL
Related Parties
1- filerCIK 0000923796
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 9:29 PM ET
- Size
- 12.2 KB