WILLIAM E. MATTHEWS V. - 23 Jan 2024 Form 4 Insider Report for SouthState Corp (SSB)

Role
Chief Financial Officer
Signature
William E. Matthews, V
Issuer symbol
SSB
Transactions as of
23 Jan 2024
Net transactions value
+$769,930
Form type
4
Filing time
25 Jan 2024, 16:41:00 UTC
Previous filing
03 Jan 2024
Next filing
04 Mar 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SSB Performance Share Units Award $461,941 +5,641 +30% $81.89 24,722 23 Jan 2024 Common Stock 5,641 $81.89 Direct F1
transaction SSB Restricted Share Units Award $307,988 +3,761 +108% $81.89 7,240 23 Jan 2024 Common Stock 3,761 $81.89 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of Performance Share Units ("PSUs") at target awarded on 1/23/24. The awards will vest following the 3-year performance period ending December 31, 2026. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
F2 Number of time-vested Restricted Share Units ("RSUs") awarded on 1/23/24. The awards will vest at a rate of one third on each January 1st, 2025, 2026 and 2027. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.