Ann P. Daiss - 03 Feb 2023 Form 4 Insider Report for SOUTHERN CO (SO)

Role
Comptroller
Signature
/s/ Marcia R. DeMar, Attorney-in-Fact for Ann P. Daiss
Issuer symbol
SO
Transactions as of
03 Feb 2023
Net transactions value
-$26,033
Form type
4
Filing time
07 Feb 2023, 15:52:30 UTC
Previous filing
16 May 2022
Next filing
14 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SO Southern Company Common Stock Options Exercise $0 +765 +5.6% $0.000000 14,507 03 Feb 2023 Direct F1
transaction SO Southern Company Common Stock Tax liability $26,033 -387 -2.7% $67.27 14,120 03 Feb 2023 Direct F2
holding SO Southern Company Common Stock 4,956 03 Feb 2023 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 -707 -50% $0.000000 708 03 Feb 2023 Southern Company Common Stock 707 $0.000000 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 restricted stock units granted on February 3, 2021. Includes 58 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Represents 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.