William E. Matthews V. - Jan 1, 2023 Form 4 Insider Report for SouthState Corp (SSB)

Role
Chief Financial Officer
Signature
William E. Matthews, V
Stock symbol
SSB
Transactions as of
Jan 1, 2023
Transactions value $
-$67,197
Form type
4
Date filed
1/4/2023, 03:56 PM
Previous filing
Jan 19, 2022
Next filing
Jan 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +614 +2.03% $0.00 30.8K Jan 1, 2023 Direct F1
transaction SSB Common Stock Options Exercise $0 +605 +1.96% $0.00 31.4K Jan 1, 2023 Direct F2
transaction SSB Common Stock Options Exercise $0 +551 +1.75% $0.00 32K Jan 1, 2023 Direct F3
transaction SSB Common Stock Tax liability -$67.2K -880 -2.75% $76.36 31.1K Jan 1, 2023 Direct F4
* 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 12/31/2022 applicable to the time vested Restricted Share Units ("RSU") vested on 1/1/2021; RSU were assumed by SouthState 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 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.
F3 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.
F4 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.