James Y. Kerr II - 13 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
13 Feb 2024
Transactions value $
-$90,531
Form type
4
Filing time
14 Feb 2024, 16:00:42 UTC
Previous filing
09 Feb 2024
Next filing
22 May 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 Options Exercise $0 +2.97K +1.56% $0.00 193K 13 Feb 2024 Direct F1
transaction SO Southern Company Common Stock Tax liability -$90.5K -1.34K -0.69% $67.51 192K 13 Feb 2024 Direct F2
holding SO Southern Company Common Stock 30.8K 13 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 -2.75K -49.99% $0.00 2.75K 13 Feb 2024 Southern Company Common Stock 2.75K $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 13, 2022. Includes 222 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 13, 2022. The remaining 1/3 of the award will vest 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.