Mark Suchinski - 08 Jul 2024 Form 4 Insider Report for GEO GROUP INC (GEO)

Role
CFO
Signature
/s/Joe Negron, as Attorney-in-Fact for Mark J. Suchinski
Issuer symbol
GEO
Transactions as of
08 Jul 2024
Net transactions value
$0
Form type
4
Filing time
10 Jul 2024, 16:53:18 UTC
Previous filing
28 Feb 2024
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Restricted Stock Award $0 +50,000 $0.000000 50,000 08 Jul 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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, 2024 to December 31, 2026 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 15, 2027 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.