Kimberly S. Greene - Feb 3, 2023 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 3, 2023
Transactions value $
-$110,188
Form type
4
Date filed
2/7/2023, 03:50 PM
Previous filing
May 2, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SO Southern Company Common Stock Options Exercise $0 +3.48K +2.82% $0.00 127K Feb 3, 2023 Direct F1
transaction SO Southern Company Common Stock Tax liability -$110K -1.64K -1.29% $67.27 125K Feb 3, 2023 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 -3.22K -50% $0.00 3.22K Feb 3, 2023 Southern Company Common Stock 3.22K $0.00 Direct F3
* 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 second 1/3 of performance restricted stock units granted on February 3, 2021. Includes 261 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Represents second 1/3 of performance restricted stock units granted on February 3, 2021. The remaining 1/3 of the award will vest in 2024. 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.