Daniel E. Bockhorst - 23 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
23 Jan 2024
Net transactions value
+$299,308
Form type
4
Filing time
25 Jan 2024, 16:47:27 UTC
Previous filing
03 Jan 2024
Next filing
04 Mar 2024

Key filing fact

Daniel E. Bockhorst filed Form 4 for SouthState Corp (SSB) on 25 Jan 2024.

Key facts

  • This page summarizes Daniel E. Bockhorst's Form 4 filing for SouthState Corp (SSB).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Filing timestamp: 25 Jan 2024, 16:47.

Change

  • Previous filing in this sequence was filed on 03 Jan 2024.
  • Current net transaction value: +$299,308.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

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

SSB transaction Derivative

Performance Share Units

Award

Transaction value
$179,585
Shares
+2,193
Change %
+31%
Price
$81.89
Shares after
9,218
Date
23 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,193
Exercise price
$81.89
Footnotes
F1
SSB transaction Derivative

Restricted Share Units

Award

Transaction value
$119,723
Shares
+1,462
Change %
+25%
Price
$81.89
Shares after
7,311
Date
23 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,462
Exercise price
$81.89
Footnotes
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.
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