Richard Murray IV - 01 Jan 2025 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 2025
Net transactions value
-$318,038
Form type
4
Filing time
03 Jan 2025, 16:12:33 UTC
Previous filing
12 Nov 2024
Next filing
23 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +4,577 +7.9% $0.000000 62,395 01 Jan 2025 Direct F1
transaction SSB Common Stock Options Exercise $0 +421 +0.67% $0.000000 62,816 01 Jan 2025 Direct F2
transaction SSB Common Stock Options Exercise $0 +881 +1.4% $0.000000 63,697 01 Jan 2025 Direct F3
transaction SSB Common Stock Options Exercise $0 +964 +1.5% $0.000000 64,661 01 Jan 2025 Direct F4
transaction SSB Common Stock Tax liability $318,038 -3,197 -4.9% $99.48 61,464 01 Jan 2025 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 1/1/2025, applicable to the time vested Restricted Share Units ("RSU") vested on 1/1/2023; 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 1/1/2025; RSU were awarded on 1/19/2022, vesting at a rate of one third on each January 1st, 2023, 2024 and 2025.
F3 Number of common shares issued pursuant to the time vested RSU vested on 1/1/2025; RSU were awarded on 1/24/2023, vesting at a rate of one third on each January 1st, 2024, 2025 and 2026.
F4 Number of common shares issued pursuant to the time vested RSU vested on 1/1/2025; RSU were awarded on 1/23/2024, vesting at a rate of one third on each January 1st, 2025, 2026 and 2027.
F5 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.