W. Connally - Feb 11, 2023 Form 4 Insider Report for SOUTHERN CO (SO)

Role
Executive Vice President, SCS
Signature
/s/ Marcia R. DeMar, Attorney-in-Fact for Stan W. Connally
Stock symbol
SO
Transactions as of
Feb 11, 2023
Transactions value $
-$70,358
Form type
4
Date filed
2/14/2023, 04:35 PM
Previous filing
Feb 7, 2023
Next filing
Feb 15, 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 +2.37K +2.55% $0.00 95.4K Feb 11, 2023 Direct F1
transaction SO Southern Company Common Stock Tax liability -$70.4K -1.05K -1.1% $66.88 94.3K Feb 11, 2023 Direct F2
holding SO Southern Company Common Stock 13.6K Feb 11, 2023 By 401(k)

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 -2.1K -100% $0.00* 0 Feb 11, 2023 Southern Company Common Stock 2.1K $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 final 1/3 of performance restricted stock units granted on February 11, 2020. Includes 270 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Represents final 1/3 of performance restricted stock units granted on February 11, 2020. 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.