0001209191-13-001316.txt : 20130103
0001209191-13-001316.hdr.sgml : 20130103
20130103171525
ACCESSION NUMBER: 0001209191-13-001316
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20121231
FILED AS OF DATE: 20130103
DATE AS OF CHANGE: 20130103
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ZOLEY GEORGE C
CENTRAL INDEX KEY: 0001012998
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14260
FILM NUMBER: 13508045
MAIL ADDRESS:
STREET 1: C/O WACKENHUT CORP
STREET 2: 4200 WACKENHUT DRIVE #100
CITY: PALM BEACH GARDENS
STATE: FL
ZIP: 33410-4243
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GEO GROUP INC
CENTRAL INDEX KEY: 0000923796
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-FACILITIES SUPPORT MANAGEMENT SERVICES [8744]
IRS NUMBER: 650043078
STATE OF INCORPORATION: FL
FISCAL YEAR END: 0101
BUSINESS ADDRESS:
STREET 1: 621 NW 53RD STREET
STREET 2: SUITE 700
CITY: BOCA RATON
STATE: FL
ZIP: 33487
BUSINESS PHONE: 561-893-0101
MAIL ADDRESS:
STREET 1: 621 NW 53RD STREET
STREET 2: SUITE 700
CITY: BOCA RATON
STATE: FL
ZIP: 33487
FORMER COMPANY:
FORMER CONFORMED NAME: WACKENHUT CORRECTIONS CORP
DATE OF NAME CHANGE: 19940525
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2012-12-31
0
0000923796
GEO GROUP INC
GEO
0001012998
ZOLEY GEORGE C
ONE PARK PLACE, SUITE 700
621 NW 53RD STREET
BOCA RATON
FL
33487
1
1
0
0
Chairman & CEO
Common Stock
2012-12-31
4
S
0
257618
29.12
D
493592
D
Restricted Stock
206688
D
Stock Option
16.69
2008-10-30
2018-10-30
Common Stock
50000
50000
D
Stock Opton
21.07
2009-10-28
2019-10-28
Commonn Stock
50000
50000
D
Stock Option
24.61
2011-03-01
2021-03-01
Common Stock
50000
50000
D
These shares were sold by the reporting person to The GEO Group, Inc. ("GEO") under GEO's stock repurchase program at the closing price of GEO's common stock on December 12, 2012, the record date for GEO's special dividend described in footnote (2) below. The sale was approved by GEO's Audit and Finance Committee. The reporting person used all or a portion of the proceeds from the sale of the securities to finance the reporting person's equity participation in GEO Care Holdings LLC, an entity formed by members of GEO and GEO Care, Inc.'s management teams (the "MBO Group"), in connection with the previously announced acquisition by the MBO Group of certain health care facility management contracts (the "GEO Care Business") from GEO. The sale of the GEO Care Business closed on December 31, 2012.
The amount of shares reflects the prior vesting of 176,502 shares of restricted stock. Additionally, on December 6, 2012, the Board of Directors of GEO declared a special dividend of $5.68 per share of common stock, representing approximately $350 million of accumulated earnings and profits, which was paid on December 31, 2012 to shareholders of record as of December 12, 2012. As a result, the reporting person received 65,127 shares of GEO common stock pursuant to the special dividend.
The amount of shares has been adjusted to reflect the prior vesting of 176,502 shares of restricted stock. Additionally, as a result of the special dividend described in footnote (2) above, the reporting person received 27,271 shares of GEO common stock pursuant to the special dividend.
John J. Bulfin, as Attorney-in-Fact for George C. Zoley
2013-01-03