THOMAS A. FANNING - 11 Feb 2022 Form 4 Insider Report for SOUTHERN CO (SO)

Role
President, CEO & Chairman
Signature
/s/ Marcia R. DeMar, Attorney-in-Fact for Thomas A. Fanning
Issuer symbol
SO
Transactions as of
11 Feb 2022
Transactions value $
-$1,034,911
Form type
4
Filing time
14 Feb 2022, 18:19:42 UTC
Previous filing
17 Dec 2021
Next filing
15 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SO Southern Company Common Stock Options Exercise $0 +18.8K +2.88% $0.00 672K 11 Feb 2022 Direct F1
transaction SO Southern Company Common Stock Tax liability -$570K -8.53K -1.27% $66.79 664K 11 Feb 2022 Direct F2
transaction SO Southern Company Common Stock Options Exercise $0 +15.3K +2.31% $0.00 679K 11 Feb 2022 Direct F3
transaction SO Southern Company Common Stock Tax liability -$465K -6.96K -1.03% $66.79 672K 11 Feb 2022 Direct F2
holding SO Southern Company Common Stock 155K 11 Feb 2022 By Grantor Retained Annuity Trust
holding SO Southern Company Common Stock 15K 11 Feb 2022 By 401(K)

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 SO Performance Restricted Stock Units Options Exercise $0 -16.6K -100% $0.00* 0 11 Feb 2022 Southern Company Common Stock 16.6K $0.00 Direct F4
transaction SO Performance Restricted Stock Units Options Exercise $0 -14.1K -50% $0.00 14.1K 11 Feb 2022 Southern Company Common Stock 14.1K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired upon vesting of final 1/3 of performance restricted stock units granted on February 11, 2019. Includes 2,234 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Shares acquired upon vesting of second 1/3 of performance restricted stock units granted on February 11, 2020. Includes 1,224 accrued dividend equivalent units.
F4 Represents final 1/3 of performance restricted stock units granted on February 11, 2019. 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.
F5 Represents second 1/3 of performance restricted stock units granted on February 11, 2020. The remaining 1/3 of the award will vest in 2023. Each performance 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.