Daniel E. Bockhorst - 19 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
19 Jan 2022
Net transactions value
+$266,445
Form type
4
Filing time
19 Jan 2022, 15:35:28 UTC
Previous filing
03 Jan 2022
Next filing
22 Feb 2022

Key filing fact

Daniel E. Bockhorst filed Form 4 for SouthState Corp (SSB) on 19 Jan 2022.

Key facts

  • This page summarizes Daniel E. Bockhorst's Form 4 filing for SouthState Corp (SSB).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Filing timestamp: 19 Jan 2022, 15:35.

Change

  • Previous filing in this sequence was filed on 03 Jan 2022.
  • Current net transaction value: +$266,445.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

SSB transaction Derivative

Performance Share Units

Award

Transaction value
$213,156
Shares
+2,480
Change %
+93%
Price
$85.95
Shares after
5,136
Date
19 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,480
Exercise price
$85.95
Footnotes
F1
SSB transaction Derivative

Restricted Share Units

Award

Transaction value
$53,289
Shares
+620
Change %
+10%
Price
$85.95
Shares after
6,750
Date
19 Jan 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
620
Exercise price
$85.95
Footnotes
F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of Performance Share Units ("PSUs") awarded on 1/19/22. The awards will vest following the 3-year performance period ending December 31, 2024. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
F2 Number of time-vested Restricted Share Units ("RSUs") awarded on 1/19/22. The awards will vest at a rate of one third on each January 1st, 2023, 2024 and 2025. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
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