SOUTHERN CO — Director's Dealing 2012

Aug 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SOUTHERN CO (SO)
CIK: 0000092122
Period of Report: 2012-08-14

Reporting Person: Connally Stan W (President & CEO, Gulf Power Co)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-08-14	Southern Company Common Stock	M	5353	$32.70	Acquired	5353	Direct
2012-08-14	Southern Company Common Stock	M	2000	$31.17	Acquired	7353	Direct
2012-08-14	Southern Company Common Stock	S	7353	$46.54	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-14	Option Right to Buy	$32.70	M	5353	Disposed	2015-02-18	Southern Company Common Stock (5353)	Direct
2012-08-14	Option Right To Buy	$31.17	M	2000	Disposed	2020-02-15	Southern Company Common Stock (2000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Southern Company Common Stock	4742.8398	Indirect

Footnotes

F1: Includes the right to have shares withheld upon exercise to satisfy tax withholding obligations.