Douglas Lloyd Williams - Jan 29, 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 29, 2023
Transactions value $
-$226,299
Form type
4
Date filed
1/30/2023, 02:22 PM
Previous filing
Jan 25, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +9.59K +31.04% $0.00 40.5K Jan 29, 2023 Direct F1
transaction SSB Common Stock Tax liability -$226K -2.93K -7.25% $77.13 37.5K Jan 29, 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 ("RSUs") vested on 1/29/2023. The RSUs were assumed by SouthState Corporation in connection with the Atlantic Capital Bancshares, Inc. transaction completed on March 1, 2022.
F2 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.