Kimberly S. Greene - Feb 11, 2022 Form 4 Insider Report for SOUTHERN CO (SO)

Role
Chairman, President & CEO, GAS
Signature
/s/ Marcia R. DeMar, Attorney-in-Fact for Kimberly S. Greene
Stock symbol
SO
Transactions as of
Feb 11, 2022
Transactions value $
-$217,068
Form type
4
Date filed
2/14/2022, 06:06 PM
Previous filing
Dec 20, 2021
Next filing
Feb 15, 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 +4.14K +4.83% $0.00 89.9K Feb 11, 2022 Direct F1
transaction SO Southern Company Common Stock Tax liability -$128K -1.92K -2.13% $66.79 88K Feb 11, 2022 Direct F2
transaction SO Southern Company Common Stock Options Exercise $0 +2.94K +3.34% $0.00 90.9K Feb 11, 2022 Direct F3
transaction SO Southern Company Common Stock Tax liability -$89.1K -1.33K -1.47% $66.79 89.6K Feb 11, 2022 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 Performance Restricted Stock Units Options Exercise $0 -3.65K -100% $0.00* 0 Feb 11, 2022 Southern Company Common Stock 3.65K $0.00 Direct F4
transaction SO Performance Restricted Stock Units Options Exercise $0 -2.71K -49.99% $0.00 2.71K Feb 11, 2022 Southern Company Common Stock 2.71K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon vesting of final 1/3 of performance restricted stock units granted on February 11, 2019. Includes 493 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Shares acquired upon vesting of second 1/3 of performance restricted stock units granted on February 11, 2020. Includes 234 accrued dividend equivalent units.
F4 Represents final 1/3 of performance restricted stock units granted on February 11, 2019. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.
F5 Represents second 1/3 of performance restricted stock units granted on February 11, 2020. The remaining 1/3 of the award will vest in 2023. Each performance restricted stock unit represents the right to receive, at settlement, one share of common stock. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.