Mark A. Crosswhite - 13 Feb 2022 Form 4 Insider Report for SOUTHERN CO (SO)

Reporting relationship: Chairman, President & CEO, APC
Issuer ticker: SO
Reported as of: 13 Feb 2022
Net transaction value: -$2,307,795
SEC form: 4
Accepted by SEC: 15 Feb 2022, 16:42:47 UTC
Prior SEC filing: 14 Feb 2022
Next SEC filing: 06 Jul 2022
Source filing: View source filing
Reporting owner signature: /s/ Marcia R. DeMar, Attorney-in-Fact for Mark A. Crosswhite

Key filing fact

Mark A. Crosswhite filed Form 4 for SOUTHERN CO (SO) on 15 Feb 2022.

Key facts

This page summarizes Mark A. Crosswhite's Form 4 filing for SOUTHERN CO (SO).
5 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 15 Feb 2022, 16:42.

Change

Previous filing in this sequence was filed on 14 Feb 2022.
Current net transaction value: -$2,307,795.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SO transaction

Southern Company Common Stock

Options Exercise

Transaction value: $0
Shares: +4,255
Change %: +2.8%
Price: $0.000000
Shares after: 155,020
Date: 13 Feb 2022
Ownership: Direct
Footnotes: F1

SO transaction

Southern Company Common Stock

Tax liability

Transaction value: $126,100
Shares: -1,888
Change %: -1.2%
Price: $66.79
Shares after: 153,132
Date: 13 Feb 2022
Ownership: Direct
Footnotes: F2

SO transaction

Southern Company Common Stock

Award

Transaction value: $0
Shares: +73,651
Change %: +48%
Price: $0.000000
Shares after: 226,783
Date: 13 Feb 2022
Ownership: Direct
Footnotes: F3

SO transaction

Southern Company Common Stock

Tax liability

Transaction value: $2,181,695
Shares: -32,665
Change %: -14%
Price: $66.79
Shares after: 194,118
Date: 13 Feb 2022
Ownership: Direct
Footnotes: F2

SO holding

Southern Company Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 16,138
Date: 13 Feb 2022
Ownership: By 401(k) Trustee

SO holding

Southern Company Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 100
Date: 13 Feb 2022
Ownership: By Son

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SO transaction Derivative

Performance Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -4,084
Change %: -33%
Price: $0.000000
Shares after: 8,168
Date: 13 Feb 2022
Ownership: Direct
Underlying class: Southern Company Common Stock
Underlying amount: 4,084
Exercise price: $0.000000
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Shares acquired upon vesting of first 1/3 of performance restricted stock units granted on February 3, 2021. The Compensation Committee and Management Succession Committee certified performance on February 13, 2022. Includes 171 accrued dividend equivalent units.

Footnote F2

Shares withheld to satisfy required state and federal tax withholding requirements.

Footnote F3

Shares acquired upon vesting of performance share units under Company's Performance Share Program for the 2019-2021 award. The Compensation and Management Succession Committee certified performance on February 13, 2022. Includes accrued dividend equivalent units.

Footnote F4

Represents first 1/3 of performance restricted stock units granted on February 3, 2021. The remaining award will vest 1/3 in 2023 and 1/3 in 2024. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.