SEC Form 4 · accession 0001209191-16-131422
SOUTHERN CO · SO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew W Evans
Officer — Pres & CEO, AGL Resources Inc.
Period of report
Jul 1, 2016
Accepted (ET)
Jul 6, 2016 · 1:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000092122
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Southern Co Restricted Stock UnitsF1,F2 | $0.00 | Jul 1, 2016 | A | 112,739 | A | — | — | Southern Company Common Stock | 112,739 | 112,739 | D |
Explanation of responses
- F1The restricted stock units ("RSUs") will be settled in shares of Southern Company Common Stock. Each RSU represents the right to receive one share of Southern Company Common Stock.
- F2In accordance with the Agreement and Plan of Merger dated August 23, 2015 by and among AGL Resources Inc., The Southern Company and AMS Corp., outstanding performance share units of AGL Resources Inc. were assumed by Southern Company and converted into time vesting RSUs of Southern Company. Vesting of the RSUs is as follows: 28,704 RSUs vest December 31, 2016; 37,980 RSUs vest December 31, 2017; and 46,055 RSUs vest December 31, 2018.