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SOUTHERN CO — Director's Dealing 2021
Feb 5, 2021
29866_dirs_2021-02-05_2ed3079e-82f6-4c88-a871-36b9a2409573.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SOUTHERN CO (SO)
CIK: 0000092122
Period of Report: 2021-02-03
Reporting Person: BOWERS WILLIAM P (Chairman & CEO, GPC)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-03 | Southern Company Common Stock | M | 5077 | $0.00 | Acquired | 163519 | Direct |
| 2021-02-03 | Southern Company Common Stock | F | 2354 | $59.45 | Disposed | 161165 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-03 | Performance Restricted Stock Units | $0.00 | M | 4867 | Disposed | Southern Company Common Stock (4867) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Southern Company Common Stock | 17848.2181 | Indirect |
Footnotes
F1: Shares acquired upon vesting of first 1/3 of performance restricted stock units granted on February 11, 2020. The Compensation Committee and Management Succession Committee certified performance on February 3, 2021. Includes 210 accrued dividend equivalent units.
F2: Shares withheld to satisfy required state and federal tax withholding requirements.
F3: Represents performance share units granted on February 11, 2020. The Compensation and Management Succession Committee certified performance on February 3, 2021 and the first 1/3 vested. The remaining award will vest 1/3 in 2022 and 1/3 in 2023. Each performance restricted stock unit represents the right to receive, at statement, one share of common stock. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.