Statement of Changes in Beneficial Ownership (4)
March 03 2021 - 05:10PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Schlarb Ann M |
2. Issuer Name and Ticker or Trading
Symbol GEO GROUP INC [ GEO ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
SVP,GEO & Pres, GEO Care |
(Last)
(First)
(Middle)
4955 TECHNOLOGY WAY |
3. Date of Earliest Transaction (MM/DD/YYYY)
3/1/2021
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(Street)
BOCA RATON, FL 33431
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
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1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Restricted Stock |
3/1/2021 |
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A |
|
58000 (1) |
A |
$0.00 |
140501 |
D |
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Common Stock |
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|
|
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62200 |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
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1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Explanation of
Responses: |
(1) |
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, 2021 to December 31, 2023 as certified by the compensation
committee. Under the terms of the restricted stock grant, these
shares will vest on March 15, 2024 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. |
Reporting
Owners
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Reporting Owner Name / Address |
Relationships
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Director |
10% Owner |
Officer |
Other |
Schlarb Ann M
4955 TECHNOLOGY WAY
BOCA RATON, FL 33431 |
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|
SVP,GEO & Pres, GEO Care |
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Signatures
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/s/Joe Negron, as Attorney-in-Fact for Ann M.
Schlarb |
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3/3/2021 |
**Signature of Reporting
Person |
Date |