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SOUTHERN CO — Director's Dealing 2024
Feb 9, 2024
29866_dirs_2024-02-09_d2613139-f1aa-4389-82c7-5120a7e4d1f0.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: 2024-02-07
Reporting Person: Anderson Bryan D (EVP & Pres. External Affairs)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-07 | Southern Company Common Stock | A | 23649 | $0.00 | Acquired | 60605 | Direct |
| 2024-02-07 | Southern Company Common Stock | F | 11424 | $66.95 | Disposed | 49181 | Direct |
| 2024-02-07 | Southern Company Common Stock | M | 1901 | $0.00 | Acquired | 51082 | Direct |
| 2024-02-07 | Southern Company Common Stock | F | 916 | $66.95 | Disposed | 50166 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-07 | Performance Restricted Stock Units | $0.00 | M | 1825 | Disposed | Southern Company Common Stock (1825) | Direct |
Footnotes
F1: Shares acquired upon vesting of performance share units under Company's Performance Share Program for the 2021-2023 award. The Compensation and Talent Development Committee certified performance on February 7, 2024. 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 1, 2023. The Compensation and Talent Development Committee certified performance on February 7, 2024. Includes 76 accrued dividend equivalent units.
F4: Represents first 1/3 of performance restricted stock units granted on February 1, 2023. The remaining award will vest 1/3 in 2025 and 1/3 in 2026. 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.