Christopher Cummiskey - 31 Dec 2021 Form 4 Insider Report for SOUTHERN CO (SO)

Role
EVP & CCCS Officer
Signature
/s/ Marcia R. DeMar, Attorney-in-Fact for Christopher Cummiskey
Issuer symbol
SO
Transactions as of
31 Dec 2021
Net transactions value
-$123,347
Form type
4
Filing time
06 Jan 2022, 16:46:07 UTC
Previous filing
02 Dec 2021
Next filing
14 Feb 2022
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 +1,812 +11% $0.000000 18,280 31 Dec 2021 Direct F1
transaction SO Southern Company Common Stock Tax liability $56,441 -823 -4.5% $68.58 17,457 31 Dec 2021 Direct F2
transaction SO Southern Company Common Stock Sale $66,906 -989 -5.7% $67.65 16,468 05 Jan 2022 Direct F3
holding SO Southern Company Common Stock 5,158 31 Dec 2021 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 Southern Co Restricted Stock Units Options Exercise $0 -1,534 -50% $0.000000 1,534 31 Dec 2021 Southern Company Common Stock 1,534 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSU award, granted on February 22, 2018, vests 20% each year for five years, on December 31 of each year, beginning December 31, 2018. Vesting will be accelerated if certain performance measures are met before December 31, 2022. Includes 278 accrued dividend equivalent units. Shares will be withheld upon vesting to satisfy tax requirements.
F2 Shares withheld to satisfy required state and federal tax withholding requirements.
F3 Shares were sold pursuant to a Rule 10b5-1 plan.
F4 The RSU award, granted on February 22, 2018, vests 20% each year for five years, on December 31 of each year, beginning December 31, 2018. Vesting will be accelerated if certain performance measures are met before December 31, 2022. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.