SEC Form 4 · accession 0001209191-16-131419
SOUTHERN CO · SO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Art P Beattie
Officer — Executive Vice President & CFO
Period of report
Jul 5, 2016
Accepted (ET)
Jul 6, 2016 · 1:15 pm EDT
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 | Jul 5, 2016 | M | 62,588 | $41.28 | A | 75,141 | D | |
| Southern Company Common Stock | Jul 5, 2016 | S | 62,588 | $54.00 | D | 12,553 | D | |
| Southern Company Common Stock | Jul 5, 2016 | M | 60,619 | $44.06 | A | 73,172 | D | |
| Southern Company Common Stock | Jul 5, 2016 | S | 60,619 | $54.25 | D | 12,553 | D | |
| Southern Company Common Stock | holding | — | — | — | 7,079 | I | 401K | |
| Southern Company Common Stock | holding | — | — | — | 51 | I | by family member in household |
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 | $44.06 | Jul 5, 2016 | M | 60,619 | D | Feb 11, 2014 | Feb 11, 2023 | Southern Company Common Stock | 60,619 | 121,239 | D |
| Option Right to BuyF1,F2,F3 | $41.28 | Jul 5, 2016 | M | 62,588 | D | Feb 10, 2015 | Feb 10, 2024 | Southern Company Common Stock | 62,588 | 93,881 | 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.