William E. Matthews V. - Jan 1, 2024 Form 4 Insider Report for SouthState Corp (SSB)

Role
Chief Financial Officer
Signature
William E. Matthews, V
Stock symbol
SSB
Transactions as of
Jan 1, 2024
Transactions value $
-$118,483
Form type
4
Date filed
1/3/2024, 07:12 PM
Previous filing
May 30, 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 +614 +1.76% $0.00 35,444 Jan 1, 2024 Direct F1
transaction SSB Common Stock +Options Exercise $0 +606 +1.71% $0.00 36,050 Jan 1, 2024 Direct F2
transaction SSB Common Stock +Options Exercise $0 +551 +1.53% $0.00 36,601 Jan 1, 2024 Direct F3
transaction SSB Common Stock +Options Exercise $0 +1,157 +3.16% $0.00 37,758 Jan 1, 2024 Direct F4
transaction SSB Common Stock -Tax liability -$118,483 -1,403 -3.72% $84.45 36,355 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.