Douglas Lloyd Williams - Mar 1, 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
Stock symbol
SSB
Transactions as of
Mar 1, 2023
Transactions value $
-$55,815
Form type
4
Date filed
3/2/2023, 09:26 AM
Previous filing
Jan 30, 2023
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +2.31K +6.15% $0.00 39.9K Mar 1, 2023 Direct F1
transaction SSB Common Stock Tax liability -$55.8K -695 -1.74% $80.31 39.2K Mar 1, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of common shares issued pursuant to the time-vested "pay to lead" award; The reporting person received a "pay to lead" award in the form of a SouthState Restricted Stock Unit awards, vesting 1/3 on each anniversary date of the grant date, subject to the reporting person's continued employment with SouthState through such date.
F2 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.