Robert R. Hill - Jun 8, 2022 Form 4 Insider Report for SouthState Corp (SSB)

Role
Executive Chairman, Director
Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Stock symbol
SSB
Transactions as of
Jun 8, 2022
Transactions value $
-$2,404,215
Form type
4
Date filed
6/9/2022, 05:33 PM
Previous filing
Apr 5, 2022
Next filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +64.7K +95.64% $0.00 132K Jun 8, 2022 Direct F1
transaction SSB Common Stock Tax liability -$2.4M -30K -22.66% $80.21 102K Jun 8, 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.