GEORGE C. ZOLEY - 01 Mar 2023 Form 4 Insider Report for GEO GROUP INC (GEO)

Role
Executive Chairman, Director
Signature
/s/Joe Negron, as Attorney-in-Fact for George C. Zoley
Issuer symbol
GEO
Transactions as of
01 Mar 2023
Net transactions value
-$576,135
Form type
4
Filing time
03 Mar 2023, 16:50:54 UTC
Previous filing
14 Feb 2023
Next filing
15 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GEO Restricted Stock Award $0 +119,239 +28% $0.000000 537,991 01 Mar 2023 Direct F1, F2
transaction GEO Common Stock Tax liability $576,135 -63,521 -2% $9.07 3,168,691 01 Mar 2023 Direct F2, F3
holding GEO Common Stock 52,400 01 Mar 2023 By the Holly A. Meehan 2020 Trust F4
holding GEO Common Stock 52,450 01 Mar 2023 By the Christopher N. Zoley Trust F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This grant of restricted stock of The GEO Group, Inc. vests immediately 12 months following the grant date.
F2 The amount of shares has been adjusted to reflect the March 1, 2023 vesting of 173,612 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.
F4 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.