Christopher Cummiskey - Feb 11, 2022 Form 4 Insider Report for SOUTHERN CO (SO)

Role
EVP & CCCS Officer
Signature
/s/ Marcia R. DeMar, Attorney-in-Fact for Christopher Cummiskey
Stock symbol
SO
Transactions as of
Feb 11, 2022
Transactions value $
-$56,371
Form type
4
Date filed
2/14/2022, 06:13 PM
Previous filing
Jan 6, 2022
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 +992 +6.02% $0.00 17.5K Feb 11, 2022 Direct F1
transaction SO Southern Company Common Stock Tax liability -$33.6K -503 -2.88% $66.79 17K Feb 11, 2022 Direct F2
transaction SO Southern Company Common Stock Options Exercise $0 +726 +4.28% $0.00 17.7K Feb 11, 2022 Direct F3
transaction SO Southern Company Common Stock Tax liability -$22.8K -341 -1.93% $66.79 17.3K Feb 11, 2022 Direct F2
holding SO Southern Company Common Stock 5.16K Feb 11, 2022 401K

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 -667 -50% $0.00 667 Feb 11, 2022 Southern Company Common Stock 667 $0.00 Direct F4
transaction SO Southern Co Restricted Stock Units Options Exercise $0 -874 -100% $0.00* 0 Feb 11, 2022 Southern Company Common Stock 874 $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 restricted stock units granted on February 11, 2019. Includes 118 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 restricted stock units granted on February 11, 2020. Includes 59 accrued dividend equivalent units.
F4 Represents second 1/3 of restricted stock units granted on February 11, 2020. The remaining 1/3 of the award will vest in 2023. 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 final 1/3 of 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.