Wayne H. Calabrese - Mar 8, 2024 Form 4 Insider Report for GEO GROUP INC (GEO)

Role
Pres, Chief Operating Officer
Signature
/s/Joe Negron, as Attorney-in-Fact for Wayne H. Calabrese
Stock symbol
GEO
Transactions as of
Mar 8, 2024
Transactions value $
-$189,258
Form type
4
Date filed
3/12/2024, 04:38 PM
Previous filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Common Stock Award $0 +15.3K +61.25% $0.00 40.3K Mar 8, 2024 Direct F1, F2
transaction GEO Common Stock Tax liability -$189K -15.9K -39.35% $11.93 24.4K Mar 8, 2024 Direct F3
holding GEO Restricted Stock 192K Mar 8, 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount of shares reflects an increase to the vested restricted stock granted on September 13, 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 40,313 shares of Common Stock.
F2 The amount of shares has been adjusted to reflect the March 8, 2024 vesting of 25,000 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.