SOUTHERN CO — Director's Dealing 2012

Jul 2, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SOUTHERN CO (SO)
CIK: 0000092122
Period of Report: 2012-07-01

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

Holdings (Non-Derivative)

Security	Shares	Ownership
Southern Company Common Stock	4742.8398	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option Right to Buy	$32.70	2015-02-18	Southern Company Common Stock (5353)		Direct
Option Right to Buy	$33.81	2016-02-20	Southern Company Common Stock (5096)		Direct
Option Right to Buy	$36.42	2017-02-19	Southern Company Common Stock (5437)		Direct
Option Right to Buy	$35.78	2018-02-18	Southern Company Common Stock (8521)		Direct
Option Right to Buy	$31.39	2019-02-16	Southern Company Common Stock (14392)		Direct
Option Right To Buy	$31.17	2020-02-15	Southern Company Common Stock (3262)		Direct
Option Right to Buy	$37.97	2021-02-14	Southern Company Common Stock (16100)		Direct
Option Right to Buy	$44.42	2022-02-13	Southern Company Common Stock (16053)		Direct

Footnotes

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

F2: Options vest one third per year on anniversary date of grant.