Douglas Lloyd Williams - Jan 1, 2023 Form 4 Insider Report for SouthState Corp (SSB)

Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Stock symbol
SSB
Transactions as of
Jan 1, 2023
Transactions value $
-$7,331
Form type
4
Date filed
1/4/2023, 03:59 PM
Previous filing
Oct 21, 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 +270 +0.88% $0.00 31K Jan 1, 2023 Direct F1
transaction SSB Common Stock Tax liability -$7.33K -96 -0.31% $76.36 30.9K Jan 1, 2023 Direct F2
* 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 3/1/2022, vesting at a rate of one third on each January 1st, 2023, 2024 and 2025; the reporting person received a stock award in the form of SouthState RSU pursuant to the merger agreement between SouthState Corporation and Atlantic Capital Bancshares, Inc.
F2 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.