Richard Murray IV - 01 Jan 2024 Form 4 Insider Report for SouthState Corp (SSB)

Role
President
Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Issuer symbol
SSB
Transactions as of
01 Jan 2024
Net transactions value
-$93,740
Form type
4
Filing time
03 Jan 2024, 19:12:26 UTC
Previous filing
14 Nov 2023
Next filing
25 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +614 +1.1% $0.000000 57,603 01 Jan 2024 Direct F1
transaction SSB Common Stock Options Exercise $0 +461 +0.8% $0.000000 58,064 01 Jan 2024 Direct F2
transaction SSB Common Stock Options Exercise $0 +420 +0.72% $0.000000 58,484 01 Jan 2024 Direct F3
transaction SSB Common Stock Options Exercise $0 +881 +1.5% $0.000000 59,365 01 Jan 2024 Direct F4
transaction SSB Common Stock Tax liability $93,740 -1,110 -1.9% $84.45 58,255 01 Jan 2024 Direct F5
* 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 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.