DANIEL E. BOCKHORST - 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
-$105,449
Form type
4
Filing time
03 Jan 2025, 16:13:31 UTC
Previous filing
05 Feb 2025
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 +2,452 +8.1% $0.000000 32,780 01 Jan 2025 Direct F1
transaction SSB Common Stock Options Exercise $0 +1,114 +3.4% $0.000000 33,894 01 Jan 2025 Direct F2
transaction SSB Common Stock Tax liability $105,449 -1,060 -3.1% $99.48 32,834 01 Jan 2025 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 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, 1/24/2023, and 1/23/2024, vesting at a rate of one third on each January 1st.
F3 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.