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SOUTHERN CO — Director's Dealing 2018
Feb 14, 2018
29866_dirs_2018-02-14_70b7499d-4dfb-49b6-80aa-c2a23e4497cf.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: 2018-02-12
Reporting Person: BEATTIE ART P (Executive Vice President & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-12 | Southern Company Common Stock | M | 4441 | $0.00 | Acquired | 16994 | Direct |
| 2018-02-12 | Southern Company Common Stock | F | 1382 | $44.68 | Disposed | 15612 | Direct |
| 2018-02-12 | Southern Company Common Stock | A | 44063 | $0.00 | Acquired | 59675 | Direct |
| 2018-02-12 | Southern Company Common Stock | F | 17293 | $44.68 | Disposed | 42382 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-12 | Performance Restricted Stock Units | $0.00 | M | 4247 | Disposed | Southern Company Common Stock (4247) | Direct |
Footnotes
F1: Shares acquired upon vesting of first 1/3 of performance restricted stock units granted on February 13, 2017. The Compensation and Management Succession Committee certified performance on February 12, 2018. Includes 194 accrued dividend equivalent units.
F2: Shares withheld to satisfy required state and federal tax withholding requirements.
F3: Shares acquired upon vesting of performance share units under Company's Performance Share Program for the 2015-2017 award. The Compensation and Management Succession Committee certified performance on February 12, 2018. Includes accrued dividend equivalent units.
F4: Represents performance restricted stock units granted on February 13, 2017. The Compensation and Management Succession Committee certified performance on February 12, 2018 and the first 1/3 vested. The remaining award will vest 1/3 in 2019 and 1/3 in 2020. Each performance 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.