MARTIN BERNARD DAVIS - 11 Feb 2023 Form 4 Insider Report for SOUTHERN CO (SO)

Role
EVP and CIO
Signature
/s/ Marcia R. DeMar, Attorney-in-Fact for Martin B. Davis
Issuer symbol
SO
Transactions as of
11 Feb 2023
Net transactions value
-$36,115
Form type
4
Filing time
14 Feb 2023, 16:24:29 UTC
Previous filing
07 Feb 2023
Next filing
15 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 +1,196 +3% $0.000000 40,566 11 Feb 2023 Direct F1
transaction SO Southern Company Common Stock Tax liability $36,115 -540 -1.3% $66.88 40,026 11 Feb 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 Southern Co Restricted Stock Units Options Exercise $0 -1,060 -100% $0.000000* 0 11 Feb 2023 Southern Company Common Stock 1,060 $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 final 1/3 of restricted stock units granted on February 11, 2020. Includes 136 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Represents final 1/3 of restricted stock units granted on February 11, 2020. 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.