SOUTHERN CO — Director's Dealing 2012

Jun 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SOUTHERN CO (SO)
CIK: 0000092122
Period of Report: 2012-05-31

Reporting Person: HINSON W RON (Comptroller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-31	Southern Company Common Stock	M	10000	$31.39	Acquired	10213	Direct
2012-05-31	Southern Company Common Stock	S	10000	$46.1316	Disposed	213	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-31	Option Right to Buy	$31.39	M	10000	Disposed	2019-02-16	Southern Company Common Stock (10000)	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.