Stephen W. Whatley - Mar 2, 2023 Form 4 Insider Report for Southern States Bancshares, Inc. (SSBK)

Role
Chief Executive Officer, Director
Signature
/s/ Stephen W. Whatley, by Jeff Shanks as Attorney-in-Fact
Stock symbol
SSBK
Transactions as of
Mar 2, 2023
Transactions value $
-$54,245
Form type
4
Date filed
3/6/2023, 09:52 AM
Previous filing
Feb 17, 2023

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 -$54.2K -1.9K -0.34% $28.55 554K Mar 2, 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 $28.52 to $28.66. 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 8,475 in vested restricted units and 16,949 in unvested restricted units which will fully vest by December 31, 2024. Includes 6,177 in unvested restricted shares which will incrementally vest annually by 2/15/2026