STEPHEN DEAN YOUNG - 01 Jan 2025 Form 4 Insider Report for SouthState Corp (SSB)

Signature
William E. Matthews, V, CFO, pursuant to power of attorney
Issuer symbol
SSB
Transactions as of
01 Jan 2025
Transactions value $
-$494,515
Form type
4
Filing time
03 Jan 2025, 16:12:10 UTC
Previous filing
26 Aug 2024
Next filing
23 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSB Common Stock Options Exercise $0 +8,630 +25% $0 43,288 01 Jan 2025 Direct F1
transaction SSB Common Stock Options Exercise $0 +738 +1.7% $0 44,026 01 Jan 2025 Direct F2
transaction SSB Common Stock Options Exercise $0 +1,546 +3.5% $0 45,572 01 Jan 2025 Direct F3
transaction SSB Common Stock Options Exercise $0 +1,664 +3.7% $0 47,236 01 Jan 2025 Direct F4
transaction SSB Common Stock Tax liability -$494,515 -4,971 -11% $99.48 42,265 01 Jan 2025 Direct F5
* 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 completion of the hold period ending on 1/1/2025, applicable to the time vested Restricted Share Units ("RSU") vested on 1/1/2023; RSU were assumed by SouthState Corporation in connection with the CenterState Bank Corporation merger completed on 6/7/2020.
F2 Number of common shares issued pursuant to the time vested RSU vested on 1/1/2025; RSU were awarded on 1/19/2022, vesting at a rate of one third on each January 1st, 2023, 2024 and 2025.
F3 Number of common shares issued pursuant to the time vested RSU vested on 1/1/2025; RSU were awarded on 1/24/2023, vesting at a rate of one third on each January 1st, 2024, 2025 and 2026.
F4 Number of common shares issued pursuant to the time vested RSU vested on 1/1/2025; RSU were awarded on 1/23/2024, vesting at a rate of one third on each January 1st, 2025, 2026 and 2027.
F5 Withholding of shares to pay tax liability applicable to securities issued in accordance with Rule 16(b)-3.