EVANS BRIAN 4
4 · GEO GROUP INC · Filed Jun 8, 2021
Insider Transaction Report
Form 4
EVANS BRIAN
VP, Chief Accounting Officer
Transactions
- Award
Restricted Stock
2021-06-04+200,000→ 379,000 total
Holdings
- 141,800
Common Stock
Footnotes (1)
- [F1]Vesting of this grant of restricted stock of GEO is contingent upon the achievement by GEO of certain performance-based metrics. These 200,000 shares of restricted stock shall vest as follows: 1/3 to vest upon the achievement of the performance-based metrics for the period from January 1, 2019 - December 31, 2021; 1/3 to vest upon the achievement of the performance-based metrics for the period from January 1, 2020 - December 31, 2022; and 1/3 to vest upon the achievement of the performance-based metrics for the period from January 1, 2021 - December 31, 2023. For each 1/3 installment of restricted stock, 50% is subject to vesting based on GEO's total shareholder return over the applicable three-year period and 50% is subject to vesting based on certain return on capital employed performance goals being met over the applicable three-year period.