4//SEC Filing
Gordo Jose 4
Accession 0001209191-23-015960
CIK 0000923796other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 6:33 PM ET
Size
7.2 KB
Accession
0001209191-23-015960
Insider Transaction Report
Form 4
Gordo Jose
Director
Transactions
- Award
Restricted Stock
2023-03-01+110,722→ 418,753 total - Tax Payment
Common Stock
2023-03-01$9.07/sh−1,872$16,979→ 7,950 total
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, 2023 to December 31, 2025 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 15, 2026 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, 2023 vesting of 4,753 shares of restricted stock.
- [F3]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 typeother
Related Parties
1- filerCIK 0001579222
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 6:33 PM ET
- Size
- 7.2 KB