SEC Form 4 · accession 0001209191-15-010611
SOUTHERN CO · SO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen E Kuczynski
Officer — Pres. & CEO, Southern Nuclear
Period of report
Feb 6, 2015
Accepted (ET)
Feb 9, 2015 · 9:30 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000092122
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Southern Company Common Stock | Feb 6, 2015 | M | 150,000 | $40.14 | A | 160,599 | D | |
| Southern Company Common Stock | Feb 6, 2015 | S | 150,000 | $48.02 | D | 10,599 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option Right to BuyF1,F2 | $40.14 | Feb 6, 2015 | M | 150,000 | D | Jul 11, 2012 | Jul 11, 2021 | Southern Company Common Stock | 150,000 | 182,225 | D |
Explanation of responses
- F1Options vest 33% per year on the anniversary of the grant date.
- F2Includes the right to have shares withheld upon exercise to satisfy tax withholding obligations.