DANIEL E. BOCKHORST - 08 Jun 2022 Form 4 Insider Report for SouthState Corp (SSB)

Role
Chief Credit Officer
Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Issuer symbol
SSB
Transactions as of
08 Jun 2022
Net transactions value
-$389,740
Form type
4
Filing time
09 Jun 2022, 17:32:13 UTC
Previous filing
22 Feb 2022
Next filing
22 Jun 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 +13,130 +62% $0.000000 34,175 08 Jun 2022 Direct F1
transaction SSB Common Stock Tax liability $389,740 -4,859 -14% $80.21 29,316 08 Jun 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of common shares issued pursuant to the cliff-vested "pay to lead" award; The reporting person received a "pay to lead" award in the form of a South State Restricted Stock Unit ("RSU") awards pursuant to the Agreement and Plan of Merger, dated as of January 25, 2020, by and between the Company and CenterState Bank Corporation.
F2 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.