William E. Matthews V. - Jan 21, 2025 Form 4 Insider Report for SouthState Corp (SSB)

Role
Chief Financial Officer
Signature
William E. Matthews, V
Stock symbol
SSB
Transactions as of
Jan 21, 2025
Transactions value $
$865,218
Form type
4
Date filed
1/23/2025, 04:58 PM
Previous filing
Jan 3, 2025
Next filing
Jan 29, 2025
SEC
View on sec.gov

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 SSB Performance Share Units Award $519K +5.15K +29.47% $100.90 22.6K Jan 21, 2025 Common Stock 5.15K $100.90 Direct F1
transaction SSB Restricted Share Units Award $346K +3.43K +93.61% $100.90 7.09K Jan 21, 2025 Common Stock 3.43K $100.90 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of Performance Share Units ("PSUs") at target awarded on 1/21/25. The awards will vest following the 3-year performance period ending December 31, 2027. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.
F2 Number of time-vested Restricted Share Units ("RSUs") awarded on 1/21/25. The awards will vest at a rate of one third on each January 1st, 2026, 2027 and 2028. The units are exchangeable with the Company's common stock at the exchange rate of 1 for 1 after the vesting date.