0001209191-17-018537.txt : 20170306
0001209191-17-018537.hdr.sgml : 20170306
20170306212728
ACCESSION NUMBER: 0001209191-17-018537
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170301
FILED AS OF DATE: 20170306
DATE AS OF CHANGE: 20170306
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GEO GROUP INC
CENTRAL INDEX KEY: 0000923796
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 650043078
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Venturella David J
CENTRAL INDEX KEY: 0001625272
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14260
FILM NUMBER: 17669485
BUSINESS ADDRESS:
BUSINESS PHONE: 5618930101
MAIL ADDRESS:
STREET 1: 621 NW 53RD STREET, SUITE 700
CITY: BOCA RATON
STATE: FL
ZIP: 33487
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-03-01
0
0000923796
GEO GROUP INC
GEO
0001625272
Venturella David J
621 NW 53RD STREET
SUITE 700
BOCA RATON
FL
33487
0
1
0
0
SVP-Business Development
Restricted Stock
2017-03-01
4
A
0
10000
0.00
A
30625
D
Common Stock
2017-03-01
4
D
0
1061
0.00
D
11229
D
Common Stock
2017-03-03
4
F
0
2197
48.40
D
9032
D
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, 2017 to December 31, 2019 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest on March 10, 2020 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.
The amount of shares has been adjusted to reflect the March 1, 2017 vesting of 6,439 shares of restricted stock and the forfeiture of 1,061 shares of restricted stock based on the results of the performance-based metrics of the restricted stock during the period from January 1, 2014 to December 31, 2016.
The amount of shares reflects the forfeiture of 1,061 shares of restricted stock based on the results of the performance based metrics of the restricted stock during the period from January 1, 2014 to December 31, 2016.
These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.
/s/John J. Bulfin, as Attorney-in-Fact for David J. Venturella
2017-03-06