SEC Form 4 · accession 0000764038-17-000088
SouthState Bank Corp · SSB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James C. Cherry
Director
Period of report
Nov 30, 2017
Accepted (ET)
Dec 4, 2017 · 5:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000764038
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCKF1 | Nov 30, 2017 | A | 24,696 | $92.05 | A | 24,696 | D | |
| COMMON STOCKF2 | Nov 30, 2017 | A | 3,782 | $92.05 | A | 28,478 | D | |
| COMMON STOCKF3 | Nov 30, 2017 | A | 10,784 | $92.05 | A | 10,784 | I | IRA FBO Self-Roth |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares received pursuant to an Agreement and Plan of Merger ("merger agreement"), entered into by South State Corporation and Park Sterling Corporation. Per the "merger agreement", each share of Park Sterling common stock is converted into the right to receive 0.14 shares of South State common stock (which we refer to as the "merger consideration").
- F2Net shares received from Restricted Stock Agreement after repurchase for tax withholding. The shares vested at close of merger. Shares received pursuant to "merger agreement".
- F3Shares received pursuant to "merger agreement".