John C. Corbett - 28 May 2023 Form 4 Insider Report for SouthState Corp (SSB)

Role
CEO, Director
Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Issuer symbol
SSB
Transactions as of
28 May 2023
Transactions value $
-$769,742
Form type
4
Filing time
30 May 2023, 14:17:07 UTC
Previous filing
25 Jan 2023
Next filing
04 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +28K +53.92% $0.00 79.8K 28 May 2023 Direct F1
transaction SSB Common Stock Tax liability -$770K -11.8K -14.84% $64.99 68K 28 May 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of common shares issued pursuant to the time-vested Restricted Share Units ("RSU") vested on 5/28/2023; RSU were assumed by SouthState Corporation in connection with the CenterState Bank Corporation merger completed on 6/7/2020.
F2 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.