CHRISTOPHER C. WOMACK - 13 Feb 2022 Form 4 Insider Report for SOUTHERN CO (SO)

Signature
/s/ Marcia R. DeMar, Attorney-in-Fact for Christopher C. Womack
Issuer symbol
SO
Transactions as of
13 Feb 2022
Transactions value $
-$1,269,077
Form type
4
Filing time
15 Feb 2022, 16:49:32 UTC
Previous filing
14 Feb 2022
Next filing
18 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SO Southern Company Common Stock Options Exercise $0 +4,096 +15.1% $0.000000 31,275 13 Feb 2022 Direct F1
transaction SO Southern Company Common Stock Tax liability -$124,095 -1,858 -5.94% $66.79 29,417 13 Feb 2022 Direct F2
transaction SO Southern Company Common Stock Award $0 +37,799 +128% $0.000000 67,216 13 Feb 2022 Direct F3
transaction SO Southern Company Common Stock Tax liability -$1,144,980 -17,143 -25.5% $66.79 50,073 13 Feb 2022 Direct F2
holding SO Southern Company Common Stock 2,237 13 Feb 2022 401K

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 -3,931 -33.3% $0.000000 7,861 13 Feb 2022 Southern Company Common Stock 3,931 $0.000000 Direct F4
* 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 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 165 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
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.
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.