SOUTHERN CO - Director's Dealing 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SOUTHERN CO (SO)
CIK: 0000092122
Period of Report: 2014-10-14

Reporting Person: HOLLAND G EDISON (CEO, Mississippi Power Co.)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-14	Southern Company Common Stock	M	26260	$31.17	Acquired	44684.2716	Direct
2014-10-14	Southern Company Common Stock	S	26260	$47.00	Disposed	18424.2716	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-10-14	Option Right To Buy	$31.17	M	26260	Disposed	2020-02-15	Southern Company Common Stock (26260)	Direct

Security	Shares	Ownership
Southern Company Common Stock	17576.0054	Indirect

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.

F3: Options were exercised and shares were sold pursuant to a Rule 10b5-1 plan.