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SOUTHERN CO — Director's Dealing 2023
Feb 15, 2023
29866_dirs_2023-02-15_3dc3de0c-74bc-44f5-86b6-a79ce52c0115.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: 2023-02-13
Reporting Person: Connally Stan W (Executive Vice President, SCS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-13 | Southern Company Common Stock | A | 31277 | $0.00 | Acquired | 125626 | Direct |
| 2023-02-13 | Southern Company Common Stock | F | 13873 | $67.13 | Disposed | 111753 | Direct |
| 2023-02-13 | Southern Company Common Stock | M | 2243 | $0.00 | Acquired | 113996 | Direct |
| 2023-02-13 | Southern Company Common Stock | F | 996 | $67.13 | Disposed | 113000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-02-13 | Performance Restricted Stock Units | $0.00 | M | 2161 | Disposed | Southern Company Common Stock (2161) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Southern Company Common Stock | 13554.8219 | Indirect |
Footnotes
F1: Shares acquired upon vesting of performance share units under Company's Performance Share Program for the 2020-2022 award. The Compensation and Management Succession Committee certified performance on February 13, 2023. Includes accrued dividend equivalent units.
F2: Shares withheld to satisfy required state and federal tax withholding requirements.
F3: Shares acquired upon vesting of first 1/3 of performance restricted stock units granted on February 13, 2021. The Compensation Committee and Management Succession Committee certified performance on February 13, 2023. Includes 82
accrued dividend equivalent units.
F4: Represents first 1/3 of performance restricted stock units granted on February 13, 2022. The remaining award will vest 1/3 in 2024 and 1/3 in 2025. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.