Douglas Lloyd Williams - 29 Jan 2023 Form 4 Insider Report for SouthState Corp (SSB)

Role
President, Atlanta Banking Grp
Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Issuer symbol
SSB
Transactions as of
29 Jan 2023
Net transactions value
-$226,299
Form type
4
Filing time
30 Jan 2023, 14:22:49 UTC
Previous filing
25 Jan 2023
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +9,588 +31% $0.000000 40,481 29 Jan 2023 Direct F1
transaction SSB Common Stock Tax liability $226,299 -2,934 -7.2% $77.13 37,547 29 Jan 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.