John C. Corbett - Jan 1, 2024 Form 4 Insider Report for SouthState Corp (SSB)

Role
CEO, Director
Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Stock symbol
SSB
Transactions as of
Jan 1, 2024
Transactions value $
-$638,104
Form type
4
Date filed
1/3/2024, 07:09 PM
Previous filing
Nov 17, 2023
Next filing
Jan 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock +Options Exercise $0 +7,974 +13.29% $0.00 67,956 Jan 1, 2024 Direct F1
transaction SSB Common Stock +Options Exercise $0 +2,517 +3.7% $0.00 70,473 Jan 1, 2024 Direct F2
transaction SSB Common Stock +Options Exercise $0 +2,293 +3.25% $0.00 72,766 Jan 1, 2024 Direct F3
transaction SSB Common Stock +Options Exercise $0 +4,808 +6.61% $0.00 77,574 Jan 1, 2024 Direct F4
transaction SSB Common Stock -Tax liability -$638,104 -7,556 -9.74% $84.45 70,018 Jan 1, 2024 Direct F5

Explanation of Responses:

Id Content
F1 Number of common shares issued pursuant to the completion of the hold period ending on 1/1/2024 applicable to the time vested Restricted Share Units ("RSU") vested on 1/1/2022; RSU were assumed by SouthState Corporation in connection with the CenterState Bank Corporation merger completed on 6/7/2020.
F2 Number of common shares issued pursuant to the time vested RSU vested on 1/1/2024; RSU were awarded on 1/26/2021, vesting at a rate of one third on each January 1st, 2022, 2023 and 2024.
F3 Number of common shares issued pursuant to the time vested RSU vested on 1/1/2024; RSU were awarded on 1/19/2022, vesting at a rate of one third on each January 1st, 2023, 2024 and 2025.
F4 Number of common shares issued pursuant to the time vested RSU vested on 1/1/2024; RSU were awarded on 1/24/2023, vesting at a rate of one third on each January 1st, 2024, 2025 and 2026.
F5 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.