Robert R. Hill Jr. - 01 Jan 2022 Form 4 Insider Report for SouthState Corp (SSB)

Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Issuer symbol
SSB
Transactions as of
01 Jan 2022
Net transactions value
-$287,755
Form type
4
Filing time
03 Jan 2022, 12:08:47 UTC
Previous filing
26 Jan 2022
Next filing
05 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +7,551 +12% $0.000000 71,222 01 Jan 2022 Direct F1
transaction SSB Common Stock Tax liability $287,755 -3,592 -5% $80.11 67,630 01 Jan 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of common shares issued pursuant to the time vested Restricted Share Units ("RSU") vested on 1/1/2022; RSU were awarded on 1/26/21, vesting at a rate of one third on each January 1st, 2022, 2023 and 2024.
F2 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.