William E. Matthews V - 21 Jan 2025 Form 4 Insider Report for SouthState Corp (SSB)

Role
Chief Financial Officer
Signature
William E. Matthews, V
Issuer symbol
SSB
Transactions as of
21 Jan 2025
Net transactions value
+$865,218
Form type
4
Filing time
23 Jan 2025, 16:58:40 UTC
Previous filing
03 Jan 2025
Next filing
29 Jan 2025
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 $519,130 +5,145 +29% $100.90 22,606 21 Jan 2025 Common Stock 5,145 $100.90 Direct F1
transaction SSB Restricted Share Units Award $346,087 +3,430 +94% $100.90 7,094 21 Jan 2025 Common Stock 3,430 $100.90 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 1/21/25. The awards will vest following the 3-year performance period ending December 31, 2027. 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 1/21/25. The awards will vest at a rate of one third on each January 1st, 2026, 2027 and 2028. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.