Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
CALABRESE WAYNE H
   2. Issuer Name and Ticker or Trading Symbol
GEO GROUP INC [GEO] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and COO
(Last)
(First)
(Middle)
ONE PARK PLACE, SUITE 700, 621 NW 53RD STREET		 3. Date of Earliest Transaction (Month/Day/Year)
07/02/2007
(Street)

BOCA RATON, FL 33487		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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
Common Stock (1) 07/02/2007   M   30,000 A $ 2.8125 90,000 D  
Common Stock (2) 07/02/2007   S   30,000 D $ 29.1814 60,000 D  
Restricted Stock (3)               127,734 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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
Stock Option (1) (2) $ 2.8125 07/02/2007   M     30,000 02/16/2000 02/16/2010 Common Stock 150,000 $ 2.8125 120,000 D  
Stock Option $ 3.1             02/08/2001 02/08/2011 Common Stock 150,000   150,000 D  
Stock Option $ 5.1334             02/07/2002 02/07/2012 Common Stock 150,000   150,000 D  
Stock Option $ 3.17             02/12/2003 02/12/2013 Common Stock 42,546   42,546 D  
Stock Option $ 4.6667             05/01/2003 05/01/2013 Common Stock 109,095   109,095 D  
Stock Option $ 6.0833             08/05/2004 08/05/2014 Common Stock 18,966   18,966 D  
Stock Option $ 7.51             03/02/2006 03/02/2016 Common Stock 14,799   14,799 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
CALABRESE WAYNE H
ONE PARK PLACE, SUITE 700
621 NW 53RD STREET
BOCA RATON, FL 33487		   X     President and COO  

Signatures

 /s/ Wayne H. Calabrese By: John J. Bulfin as Attorney-in-Fact   07/05/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) All amounts of securities and price information contained herein reflect the 2-for-1 stock split of The GEO Group, Inc., which took effect on June 1, 2007.
(2) Sold pursuant to a Rule 10b5-1 Trading Plan dated May 3, 2007.
(3) This grant of restricted stock of The GEO Group, Inc. vests in equal annual increments of 25% on each of the four anniversary dates immediately following the grant date.

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