James Y. Kerr II - Feb 13, 2024 Form 4 Insider Report for SOUTHERN CO (SO)

Role
Chairman, President & CEO, GAS
Signature
/s/ Myra C. Bierria, Attorney-in-Fact for James Y. Kerr, II
Stock symbol
SO
Transactions as of
Feb 13, 2024
Transactions value $
-$90,531
Form type
4
Date filed
2/14/2024, 04:00 PM
Previous filing
Feb 9, 2024
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SO Southern Company Common Stock Options Exercise $0 +2.97K +1.56% $0.00 193K Feb 13, 2024 Direct F1
transaction SO Southern Company Common Stock Tax liability -$90.5K -1.34K -0.69% $67.51 192K Feb 13, 2024 Direct F2
holding SO Southern Company Common Stock 30.8K Feb 13, 2024 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 Performance Restricted Stock Units Options Exercise $0 -2.75K -49.99% $0.00 2.75K Feb 13, 2024 Southern Company Common Stock 2.75K $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 second 1/3 of performance restricted stock units granted on February 13, 2022. Includes 222 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Represents second 1/3 of performance restricted stock units granted on February 13, 2022. The remaining 1/3 of the award will vest in 2025. 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.