SEC Form 4 · accession 0001209191-15-015783
SOUTHERN CO · SO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark A. Crosswhite
Officer — President & CEO, APC
Period of report
Feb 18, 2015
Accepted (ET)
Feb 19, 2015 · 9:00 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 18, 2015 | M | 42,242 | $31.39 | A | 44,572 | D | |
| Southern Company Common Stock | Feb 18, 2015 | S | 42,242 | $45.8916 | D | 2,330 | D | |
| Southern Company Common Stock | Feb 18, 2015 | M | 25,702 | $31.17 | A | 28,032 | D | |
| Southern Company Common Stock | Feb 18, 2015 | S | 25,702 | $45.8916 | D | 2,330 | D | |
| Southern Company Common Stock | holding | — | — | — | 10,595 | I | By 401(k) Trustee |
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 | $31.39 | Feb 18, 2015 | M | 42,242 | D | Feb 16, 2010 | Feb 16, 2019 | Southern Company Common Stock | 42,242 | 0 | D |
| Option Right To BuyF1,F2 | $31.17 | Feb 18, 2015 | M | 25,702 | D | Feb 15, 2011 | Feb 15, 2020 | Southern Company Common Stock | 25,702 | 0 | 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.