Stephen E. Kuczynski - Dec 31, 2021 Form 4 Insider Report for SOUTHERN CO (SO)

Role
Pres. & CEO, Southern Nuclear
Signature
/s/Marcia R. DeMar, Attorney-in-Fact for Stephen E. Kuczynski
Stock symbol
SO
Transactions as of
Dec 31, 2021
Transactions value $
-$296,471
Form type
4
Date filed
1/6/2022, 04:44 PM
Previous filing
Dec 13, 2021
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SO Southern Company Common Stock Options Exercise $0 +9.53K +11.67% $0.00 91.2K Dec 31, 2021 Direct F1
transaction SO Southern Company Common Stock Tax liability -$296K -4.32K -4.74% $68.58 86.9K Dec 31, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SO Southern Co Restricted Stock Units Options Exercise $0 -8.18K -50% $0.00 8.18K Dec 31, 2021 Southern Company Common Stock 8.18K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSU award, granted on May 23, 2018, vests 20% each year for five years, on December 31 of each year, beginning December 31, 2018. Vesting will be accelerated if certain performance measures are met before December 31, 2022. Includes 1,346 accrued dividend equivalent units. Shares will be withheld upon vesting to satisfy tax requirements.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 The RSU award, granted on May 23, 2018, vests 20% each year for five years, on December 31 of each year, beginning December 31, 2018. Vesting will be accelerated if certain performance measures are met before December 31, 2022. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirement