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SOUTHERN CO — Director's Dealing 2020
Feb 14, 2020
29866_dirs_2020-02-13_35d7659d-d64f-4313-91ee-35f95ab3de7b.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: 2020-02-11
Reporting Person: Kuczynski Stephen E (Pres. & CEO, Southern Nuclear)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-02-11 | Southern Company Common Stock | A | 32885 | $0.00 | Acquired | 97449.1563 | Direct |
| 2020-02-11 | Southern Company Common Stock | F | 14915 | $68.59 | Disposed | 82534.1563 | Direct |
| 2020-02-11 | Southern Company Common Stock | M | 3350 | $0.00 | Acquired | 85884.1563 | Direct |
| 2020-02-11 | Southern Company Common Stock | F | 1524 | $68.59 | Disposed | 84360.1563 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-11 | Performance Restricted Stock Units | $0.00 | M | 3208 | Disposed | Southern Company Common Stock (3208) | Direct |
Footnotes
F1: Shares acquired upon vesting of performance share units under Company's Performance Share Program for the 2017-2019 award. The Compensation and Management Succession Committee certified perform
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 11, 2019. The Compensation Committee and Management Succession Committee certified performance on February 11, 2020. Includes 142 accrued dividend equivalent units.
F4: Represents performance restricted stock units granted on February 11, 2019. The Compensation and Management Succession Committee certified performance on February 11, 2020 and the first 1/3 vested. The remaining award will vest 1/3 in 2021 and 1/3 in 2022. 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.