Beth S. DeSimone - 01 Jan 2025 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 2025
Net transactions value
-$141,958
Form type
4
Filing time
03 Jan 2025, 16:13:08 UTC
Previous filing
04 Mar 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 +2,255 +12% $0.000000 21,649 01 Jan 2025 Direct F1
transaction SSB Common Stock Options Exercise $0 +256 +1.2% $0.000000 21,905 01 Jan 2025 Direct F2
transaction SSB Common Stock Options Exercise $0 +519 +2.4% $0.000000 22,424 01 Jan 2025 Direct F3
transaction SSB Common Stock Options Exercise $0 +540 +2.4% $0.000000 22,964 01 Jan 2025 Direct F4
transaction SSB Common Stock Tax liability $141,958 -1,427 -6.2% $99.48 21,537 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.