James Y. Kerr II - 07 Feb 2024 Form 4 Insider Report for SOUTHERN CO (SO)

Role
Chairman, President & CEO, GAS
Signature
/s/ Myra C. Bierria, Attorney-in-Fact for James Y. Kerr II
Issuer symbol
SO
Transactions as of
07 Feb 2024
Transactions value $
-$1,384,727
Form type
4
Filing time
09 Feb 2024, 17:26:26
Previous filing
06 Feb 2024
Next filing
14 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 +43.9K +26.78% $0.00 208K 07 Feb 2024 Direct F1
transaction SO Southern Company Common Stock Tax liability -$1.3M -19.4K -9.33% $66.95 189K 07 Feb 2024 Direct F2
transaction SO Southern Company Common Stock Options Exercise $0 +3.21K +1.7% $0.00 192K 07 Feb 2024 Direct F3
transaction SO Southern Company Common Stock Tax liability -$86.4K -1.29K -0.67% $66.95 190K 07 Feb 2024 Direct F2
holding SO Southern Company Common Stock 30.8K 07 Feb 2024 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 -3.09K -33.33% $0.00 6.17K 07 Feb 2024 Southern Company Common Stock 3.09K $0.00 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 2021-2023 award. The Compensation and Talent Development Committee certified performance on February 7, 2024. 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 1, 2023. The Compensation and Talent Development Committee certified performance on February 7, 2024. Includes 128 accrued dividend equivalent units.
F4 Represents first 1/3 of performance restricted stock units granted on February 1, 2023. The remaining award will vest 1/3 in 2025 and 1/3 in 2026. 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.