BRIAN EVANS - 08 Mar 2024 Form 4 Insider Report for GEO GROUP INC (GEO)

Role
Chief Executive Officer
Signature
/s/Joe Negron, as Attorney-in-Fact for Brian R. Evans
Issuer symbol
GEO
Transactions as of
08 Mar 2024
Net transactions value
-$1,178,398
Form type
4
Filing time
12 Mar 2024, 16:54:33 UTC
Previous filing
05 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Common Stock Award $0 +95,346 +21% $0.000000 554,026 08 Mar 2024 Direct F1, F2
transaction GEO Common Stock Tax liability $1,178,398 -98,776 -18% $11.93 455,250 08 Mar 2024 Direct F3
holding GEO Resticted Stock 271,518 08 Mar 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount of shares reflects an increase to the vested restricted stock granted on March 1, 2021 and June 4, 2021 based upon the achievement of the performance-based metrics for the performance period from January 1, 2021 to December 31, 2023. This resulted in a payout of an aggregate of 251,014 shares of common stock.
F2 The amount of shares has been adjusted to reflect the March 8, 2024 vesting of 155,667 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.