Filing Details

Accession Number:
0001209191-20-028098
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-08 19:25:57
Reporting Period:
2020-05-06
Accepted Time:
2020-05-08 19:25:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
923796 Geo Group Inc GEO Real Estate Investment Trusts (6798) 650043078
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1012998 C George Zoley 4955 Technology Way
Boca Raton FL 33431
Chairman & Ceo Yes 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 Acquisiton 2020-05-06 150,000 $11.24 2,750,000 No 4 P Direct
Common Stock Acquisiton 2020-05-07 50,000 $11.44 50,000 No 4 P Indirect By the Holly A. Meehan 2020 Trust
Common Stock Acquisiton 2020-05-07 50,000 $11.42 50,000 No 4 P Indirect By the Christopher N. Zoley 2020 Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect By the Holly A. Meehan 2020 Trust
No 4 P Indirect By the Christopher N. Zoley 2020 Trust
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Restricted Stock 400,002 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Phantom Stock $0.00 576,361 576,361 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
576,361 576,361 Direct
Footnotes
  1. The price in Column 4 is a weighted average price. These shares were purchased in multiple open market transactions at prices ranging from $11.095 to $11.35, inclusive. The reporting person undertakes to provide to The GEO Group, Inc., any security holder of The GEO Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to this Form 4.
  2. The price in Column 4 is a weighted average price. These shares were purchased in multiple open market transactions at prices ranging from $11.31 to $11.50, inclusive. The reporting person undertakes to provide to The GEO Group, Inc., any security holder of The GEO Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote to this Form 4.
  3. Represents shares held by trust for the benefit of the reporting person's child. The reporting person's spouse is the trustee of the trust. The reporting person has no pecuniary interest or investment control over these shares.
  4. Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable upon the reporting person's retirement from employment with The GEO Group, Inc. pursuant to the terms of the reporting person's Amended and Restated Executive Retirement Agreement, effective February 26, 2020.
  5. On April 6, 2020, The GEO Group, Inc. declared a quarterly cash dividend of $0.48 per share of common stock which was paid on April 24, 2020 to shareholders of record as of the close of business on April 17, 2020. Includes 22,696 shares of common stock credited with a value equal to the dividend declared and paid on the shares previously held pursuant to the terms of the reporting person's Amended and Restated Executive Retirement Agreement.