Venturella David J 4
4 · GEO GROUP INC · Filed Mar 10, 2021
Insider Transaction Report
Form 4
Venturella David J
SVP-Business Development
Transactions
- Disposition to Issuer
Restricted Stock
2021-03-08−15,000→ 103,750 total - Award
Common Stock
2021-03-08+12,488→ 88,094 total - Tax Payment
Common Stock
2021-03-08$8.02/sh−10,817$86,752→ 77,277 total
Footnotes (3)
- [F1]This amount of shares reflects an increase to the vested restricted stock granted on April 24, 2018 based upon the achievement of the performance-based metrics for the performance period from January 1, 2018 to December 31, 2020. This resulted in a payout of an aggregate of 27,488 shares of common stock.
- [F2]These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.
- [F3]This amount of shares reflects the forfeiture of 15,000 shares of restricted stock granted on April 24, 2018 based upon the results of the performance-based metrics of the restricted stock during the period from January 1, 2018 to December 31, 2020.