GEO GROUP INC
For the period ended Apr 29, 2025. Filed Mar 20, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 29, 2025 · Filed Mar 20, 2025
GEO$27.80+10.4%Stored close · as of Nov 6, 2026
Contents
GRANTS OF PLAN-BASED AWARDS
The following sets forth information regarding the grants of plan-based awards to the named executive officers for the year ended December 31, 2024.
| All Other Stock Awards: Number of Shares of Stock or Units (#)(2) | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Name · Grant Date · Estimated Future Payouts Under Non-Equity Incentive Plan Awards(1) · Estimated Future Payouts Under Equity Incentive Plan Awards(2) · All Other Option Awards: Number of Securities Underlying Options (#) · Exercise or Base Price of Option Awards ($/Sh) · Grant Date Fair Value of Stock Awards ($)(3) | |||||||||||
| Threshold ($) · Target ($) · Maximum ($) · Threshold (#) · Target (#) · Maximum (#) | |||||||||||
| George C. Zoley | — | 527,175 | 1,054,349 | 2,108,698 | — | — | — | — | — | — | — |
| 3/1/2024 | — | — | — | — | — | — | 92,138 | — | — | 1,113,948 | |
| Brian R. Evans | — | 487,448 | 974,895 | 1,949,790 | — | — | — | — | — | — | — |
| 3/1/2024 | — | — | — | 25,558 | 85,194 | 170,388 | — | — | — | 1,256,186 | |
| Mark J. Suchinski | — | 331,275 | 662,550 | 1,325,100 | — | — | — | — | — | — | — |
| 7/8/2024 | — | — | — | 15,000 | 50,000 | 100,000 | — | — | — | 989,000 | |
| Shayn P. March | — | 109,676 | 219,351 | 438,702 | — | — | — | — | — | — | — |
| 3/1/2024 | — | — | — | 8,626 | 28,753 | 57,506 | — | — | — | 423,966 | |
| Wayne Calabrese | — | 341,214 | 682,427 | 1,364,854 | — | — | — | — | — | — | — |
| 3/1/2024 | — | — | — | 13,418 | 44,727 | 89,454 | — | — | — | 659,503 | |
| James Black | — | 197,691 | 395,381 | 790,762 | — | — | — | — | — | — | — |
| 3/1/2024 | — | — | — | 10,366 | 34,552 | 69,104 | — | — | — | 509,469 | |
| (1) | These columns reflect the threshold, target and maximum amounts that our named executive officers were eligible to receive under our Performance Award Plan with respect to year 2024. For a description of how these amounts have been calculated, please see “Compensation Discussion & Analysis — Why Each Element of Compensation is Paid and How the Amount of Each Element is Determined — Annual Cash Incentive Compensation.” For information on the amounts that our named executive officers actually received under our Performance Award Plan for 2024, please see the Non-Equity Incentive Plan Compensation column of the Summary Compensation table above. |
| (2) | The awards reported under the “Estimated Future Payouts Under Equity Incentive Plan Awards” and the “All Other Stock Awards: Number of Shares of Stock or Units” columns were granted pursuant to our Second Amended and Restated 2018 Stock Incentive Plan. The columns under the “Estimated Future Payouts Under Equity Incentive Plan Awards” reflect the threshold, target and maximum number of shares of common stock that our named executive officers are eligible to receive pursuant to the performance-based restricted stock granted in 2024, other than Dr. Zoley who received a grant of time-based restricted stock pursuant to his appointment as Executive Chairman. For a description of how these amounts of shares have been calculated, please see “Compensation Discussion & Analysis – Why Each Element of Compensation is Paid and How the Amount of Each Element is Determined—2024 Equity Incentive Awards.” |
| (3) | The percentage of the shares related to the return on capital employed metric was valued on our closing stock price on March 1, 2024 while the percentage of the shares related to the total shareholder return metric was valued based on a Monte Carlo simulation model. |
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