Daniel S. Tucker - 13 Feb 2023 Form 4 Insider Report for SOUTHERN CO (SO)

Role
Executive Vice President & CFO
Signature
/s/ Marcia R. DeMar, Attorney-in-Fact for Daniel S. Tucker
Issuer symbol
SO
Transactions as of
13 Feb 2023
Net transactions value
-$253,819
Form type
4
Filing time
15 Feb 2023, 15:49:10 UTC
Previous filing
14 Feb 2023
Next filing
06 Feb 2024
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 Award $0 +5,809 +17% $0.000000 39,907 13 Feb 2023 Direct F1
transaction SO Southern Company Common Stock Tax liability $175,948 -2,621 -6.6% $67.13 37,286 13 Feb 2023 Direct F2
transaction SO Southern Company Common Stock Options Exercise $0 +2,561 +6.9% $0.000000 39,847 13 Feb 2023 Direct F3
transaction SO Southern Company Common Stock Tax liability $77,871 -1,160 -2.9% $67.13 38,687 13 Feb 2023 Direct F2
holding SO Southern Company Common Stock 746 13 Feb 2023 By Wife's 401(K)
holding SO Southern Company Common Stock 3,234 13 Feb 2023 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 -2,467 -33% $0.000000 4,933 13 Feb 2023 Southern Company Common Stock 2,467 $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 performance share units under Company's Performance Share Program for the 2020-2022 award. The Compensation and Management Succession Committee certified performance on February 13, 2023. Includes accrued dividend equivalent units.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Shares acquired upon vesting of first 1/3 of performance restricted stock units granted on February 13, 2021. The Compensation Committee and Management Succession Committee certified performance on February 13, 2023. Includes 94 accrued dividend equivalent units.
F4 Represents first 1/3 of performance restricted stock units granted on February 13, 2022. The remaining award will vest 1/3 in 2024 and 1/3 in 2025. 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.