Filing Details

Accession Number:
0001181431-12-065817
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-12-18 20:53:11
Reporting Period:
2012-12-14
Filing Date:
2012-12-18
Accepted Time:
2012-12-18 20:53:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
923796 Geo Group Inc GEO Services-Facilities Support Management Services (8744) 650043078
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1174617 Brian Evans One Park Place, Suite 700
621 Nw 53Rd Street
Boca Raton FL 33487
Svp, Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2012-12-14 1,500 $29.68 2,736 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Restricted Stock 34,834 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option $21.07 2009-10-28 2019-10-28 2,000 2,000 Direct
Common Stock Stock Option $24.61 2011-03-01 2021-03-01 6,000 6,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-10-28 2,000 2,000 Direct
2021-03-01 6,000 6,000 Direct
Footnotes
  1. This amount of shares reflects shares of restricted stock that previously vested.
  2. The reporting person will use all or a portion of the proceeds from the sale of the securities to finance the reporting person's equity participation in GEO Care Holdings LLC, an entity formed by members of The GEO Group, Inc. ("GEO") and GEO Care, Inc.'s management teams (the "MBO Group"), in connection with the previously announced acquisition by the MBO Group of certain health care facility management contracts (the "GEO Care Business") from GEO. The MBO Group's acquisition of the GEO Care Business is related to GEO's announcement that it will take all necessary steps to prepare GEO to operate in compliance with the REIT rules beginning January 1, 2013. The transaction is expected to close on or before December 31, 2012.
  3. The amount of shares of restricted stock held by the reporting person has been adjusted to reflect the prior vesting of 4,236 shares. The vesting of 20,000 shares of the remaining restricted stock of GEO is contingent upon the achievement by GEO of certain performance-based metrics during 2012, 2013 and 2014, as certified by the compensation committee. Under the terms of the restricted stock grant, vesting can occur annually on August 15, 2013, 2014 and 2015, respectively, or cumulatively on August 15, 2015.