Robert R. Hill Jr. - 01 Jan 2023 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 2023
Net transactions value
-$513,445
Form type
4
Filing time
04 Jan 2023, 15:55:21 UTC
Previous filing
13 Dec 2022
Next filing
04 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +7,551 +10% $0.000000 79,944 01 Jan 2023 Direct F1
transaction SSB Common Stock Options Exercise $0 +6,880 +8.6% $0.000000 86,824 01 Jan 2023 Direct F2
transaction SSB Common Stock Tax liability $513,445 -6,724 -7.7% $76.36 80,100 01 Jan 2023 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 time vested Restricted Share Units ("RSU") vested on 1/1/2023; RSU were awarded on 1/26/2021, vesting at a rate of one third on each January 1st, 2022, 2023 and 2024.
F2 Number of common shares issued pursuant to the time vested RSU vested on 1/1/2023; RSU were awarded on 1/19/2022, vesting at a rate of one third on each January 1st, 2023, 2024 and 2025.
F3 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.