LYNN J. JOYCE - 24 Jul 2024 Form 4 Insider Report for Southern States Bancshares, Inc. (SSBK)

Signature
/s/ Lynn J. Joyce, by Jeff Shanks as Attorney-in-Fact
Issuer symbol
SSBK
Transactions as of
24 Jul 2024
Net transactions value
-$64,300
Form type
4
Filing time
25 Jul 2024, 08:55:00 UTC
Previous filing
23 Feb 2024
Next filing
29 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSBK Common Stock, par value $5.00 per share Sale $64,300 -2,000 -4.3% $32.15 44,188 24 Jul 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is the weighted average price. The shares were sold in multiple transactions ranging in price from $32.00 to $32.20. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 Includes 13,318 in vested restricted units and 6,658 in unvested restricted units which will fully vest by December 31, 2024. Includes 3,267 in unvested restricted shares which will incrementally vest annually by 2/21/2027