0001209191-21-016974.txt : 20210303
0001209191-21-016974.hdr.sgml : 20210303
20210303170148
ACCESSION NUMBER: 0001209191-21-016974
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210301
FILED AS OF DATE: 20210303
DATE AS OF CHANGE: 20210303
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: 21710134
MAIL ADDRESS:
STREET 1: C/O THE GEO GROUP, INC.
STREET 2: 4955 TECHNOLOGY WAY
CITY: BOCA RATON
STATE: FL
ZIP: 33431
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: 4955 TECHNOLOGY WAY
CITY: BOCA RATON
STATE: FL
ZIP: 33431
BUSINESS PHONE: 561-893-0101
MAIL ADDRESS:
STREET 1: 4955 TECHNOLOGY WAY
CITY: BOCA RATON
STATE: FL
ZIP: 33431
FORMER COMPANY:
FORMER CONFORMED NAME: WACKENHUT CORRECTIONS CORP
DATE OF NAME CHANGE: 19940525
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-03-01
0
0000923796
GEO GROUP INC
GEO
0001012998
ZOLEY GEORGE C
4955 TECHNOLOGY WAY
BOCA RATON
FL
33431
1
1
0
0
Chairman & CEO
Restricted Stock
2021-03-01
4
A
0
268750
0.00
A
668752
D
Common Stock
2750000
D
Common Stock
52400
I
By the Holly A. Meehan 2020 Trust
Common Stock
52450
I
By the Christopher N. Zoley Trust
Phantom Stock
Common Stock
644118
644118
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, 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.
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.
Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable upon the reporting person's retirement from employment with The GEO Group, Inc. pursuant to the terms of the reporting person's Amended and Restated Executive Retirement Agreement, effective February 26, 2020.
On July 7, 2020, The GEO Group, Inc. declared a quarterly cash dividend of $0.48 per share of common stock which was paid on July 24, 2020 to shareholders of record as of the close of business on July 17, 2020. On October 6, 2020, The GEO Group, Inc. declared a quarterly cash dividend of $0.34 per share of common stock which was paid on October 23, 2020 to shareholders of record as of the close of business on October 16, 2020. On January 15, 2021, The GEO Group, Inc. declared a quarterly cash dividend of $0.25 per share of common stock which was paid on February 1, 2021 to shareholders of record as of the close of business on January 25, 2021. Includes an aggregate of 67,757 shares of common stock credited with a value equal to the dividends declared and paid as described above on the shares previously held pursuant to the terms of the reporting person's Amended and Restated Executive Retirement Agreement.
/s/Joe Negron, as Attorney-in-Face for George C. Zoley
2021-03-03