Daniel E. Bockhorst - 24 Jan 2023 Form 4 Insider Report for SouthState Corp (SSB)

Reporting owner
Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Issuer context
Transaction snapshot
SEC evidence
Form type
4
Filing time
25 Jan 2023, 15:18:33 UTC
Previous filing
04 Jan 2023
Next filing
30 May 2023
SEC filing
View on sec.gov

Key filing fact

Daniel E. Bockhorst filed Form 4 for SouthState Corp (SSB) on 25 Jan 2023.

Key facts

  • This page summarizes Daniel E. Bockhorst's Form 4 filing for SouthState Corp (SSB).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Filing timestamp: 25 Jan 2023, 15:18.

Change

  • Previous filing in this sequence was filed on 04 Jan 2023.
  • Current net transaction value: +$248,989.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

SSB transaction Derivative

Performance Share Units

Award

Transaction value
$153,028
Shares
+1,889
Change %
+37%
Price
$81.01
Shares after
7,025
Date
24 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,889
Exercise price
$76.16
Footnotes
F1
SSB transaction Derivative

Restricted Share Units

Award

Transaction value
$95,962
Shares
+1,260
Change %
+23%
Price
$76.16
Shares after
6,629
Date
24 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,260
Exercise price
$76.16
Footnotes
F2
* indicates a reported price that failed the local validity check.

Explanation of Responses:

Id Content
F1 Number of Performance Share Units ("PSUs") at target awarded on 1/24/23. The awards will vest following the 3-year performance period ending December 31, 2025. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
F2 Number of time-vested Restricted Share Units ("RSUs") awarded on 1/24/23. The awards will vest at a rate of one third on each January 1st, 2024, 2025 and 2026. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
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