Martin Bernard Davis - 03 Feb 2023 Form 4 Insider Report for SOUTHERN CO (SO)

Role
EVP and CIO
Signature
/s/ Marcia R. DeMar, Attorney-in-Fact for Martin B. Davis
Issuer symbol
SO
Transactions as of
03 Feb 2023
Transactions value $
-$62,023
Form type
4
Filing time
07 Feb 2023, 15:51:19 UTC
Previous filing
08 Dec 2022
Next filing
14 Feb 2023
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 +1.85K +4.82% $0.00 40.3K 03 Feb 2023 Direct F1
transaction SO Southern Company Common Stock Tax liability -$62K -922 -2.29% $67.27 39.4K 03 Feb 2023 Direct F2

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 -1.71K -49.99% $0.00 1.71K 03 Feb 2023 Southern Company Common Stock 1.71K $0.00 Direct F3
* 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 second 1/3 of performance restricted stock units granted on February 3, 2021. Includes 139 accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Represents second 1/3 of performance restricted stock units granted on February 3, 2021. The remaining 1/3 of the award will vest 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.