SEC Form 4 · accession 0001209191-16-092364
SOUTHERN CO · SO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann P Daiss
Officer — Comptroller
Period of report
Jan 19, 2016
Accepted (ET)
Jan 20, 2016 · 10:57 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 | Jan 19, 2016 | M | 8,907 | $35.78 | A | 11,899 | D | |
| Southern Company Common Stock | Jan 19, 2016 | S | 8,907 | $47.78 | D | 2,992 | D | |
| Southern Company Common Stock | holding | — | — | — | 2,848 | I | 401K |
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,F3 | $35.78 | Jan 19, 2016 | M | 8,907 | D | Feb 18, 2009 | Feb 18, 2018 | Southern Company Common Stock | 8,907 | 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.
- F3Options were exercised and shares were sold pursuant to a Rule 10b5-1 plan.