Lynn J. Joyce - 22 Feb 2023 Form 4 Insider Report for Southern States Bancshares, Inc. (SSBK)

Role: Chief Financial Officer
Signature: /s/ Lynn J. Joyce, by Jeff Shanks as Attorney-in-Fact
Issuer symbol: SSBK
Transactions as of: 22 Feb 2023
Net transactions value: -$146,250
Form type: 4
Filing time: 22 Feb 2023, 15:22:35 UTC
Previous filing: 17 Feb 2023
Next filing: 24 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SSBK	Common Stock, par value $5.00 per share	Sale	$146,250	-5,000	-10%	$29.25	44,711	22 Feb 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is the weighted average price. The shares were sold in multiple transactions ranging in price from $29.00 to $29.65. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2	Includes 6,659 in vested restricted units and 13,317 in unvested restricted units which will fully vest by December 31, 2024. Includes 3,276 in unvested restricted shares which will incrementally vest annually by 2/15/2026.

Content

The price reported is the weighted average price. The shares were sold in multiple transactions ranging in price from $29.00 to $29.65. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Includes 6,659 in vested restricted units and 13,317 in unvested restricted units which will fully vest by December 31, 2024. Includes 3,276 in unvested restricted shares which will incrementally vest annually by 2/15/2026.