Douglas Lloyd Williams - 01 Jan 2024 Form 4 Insider Report for SouthState Corp (SSB)

Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Issuer symbol
SSB
Transactions as of
01 Jan 2024
Net transactions value
-$36,567
Form type
4
Filing time
03 Jan 2024, 19:16:24 UTC
Previous filing
13 Jun 2023
Next filing
22 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +269 +2% $0.000000 13,829 01 Jan 2024 Direct F1
transaction SSB Common Stock Options Exercise $0 +594 +4.3% $0.000000 14,423 01 Jan 2024 Direct F2
transaction SSB Common Stock Tax liability $36,567 -433 -3% $84.45 13,990 01 Jan 2024 Direct F3
* 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 ("RSU") vested on 1/1/2024; RSU were awarded on 3/1/2022, vesting at a rate of one third on each January 1st, 2023, 2024 and 2025; the reporting person received a stock award in the form of SouthState RSU pursuant to the merger agreement between SouthState Corporation and Atlantic Capital Bancshares, Inc.
F2 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.
F3 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.