Beth S. DeSimone - 01 Jan 2022 Form 4 Insider Report for SouthState Corp (SSB)

Role
CRO, General Counsel
Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Issuer symbol
SSB
Transactions as of
01 Jan 2022
Net transactions value
-$21,950
Form type
4
Filing time
03 Jan 2022, 12:15:44 UTC
Next filing
19 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +379 +7.2% $0.000000 5,620 01 Jan 2022 Direct F1
transaction SSB Common Stock Options Exercise $0 +274 +4.9% $0.000000 5,894 01 Jan 2022 Direct F2
transaction SSB Common Stock Tax liability $21,950 -274 -4.6% $80.11 5,620 01 Jan 2022 Direct F3
* 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 completion of the two-year hold period ending on 12/31/21 applicable to the time vested Restricted Share Units ("RSU") vested on 1/1/20; RSU were assumed by South State Corporation in connection with the CenterState Bank Corporation merger completed on 6/7/2020.
F2 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.
F3 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.