SOUTHERN CO — Director's Dealing 2011

Sep 8, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SOUTHERN CO (SO)
CIK: 0000092122
Period of Report: 2011-09-06

Reporting Person: BOWERS WILLIAM P (President & CEO, GPC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-09-06	Southern Company Common Stock	M	11557	$31.39	Acquired	11557	Direct
2011-09-06	Southern Company Common Stock	S	11557	$41.25	Disposed	0	Direct
2011-09-07	Southern Company Common Stock	M	70326	$31.39	Acquired	70326	Direct
2011-09-07	Southern Company Common Stock	S	70326	$41.29	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-09-06	Option Right to Buy	$31.39	M	11557	Disposed	2019-02-16	Southern Company Common Stock (11557)	Direct
2011-09-07	Option Right to Buy	$31.39	M	70326	Disposed	2019-02-16	Southern Company Common Stock (70329)	Direct

Footnotes

F1: Options vest 33% per year on the anniversary of the grant date.

F2: Includes the right to have shares withheld upon exercise to satisfy tax withholding obligations.