SEC Form 4 · accession 0001209191-17-015640
SOUTHERN CO · SO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stan W Connally
Officer — President & CEO, Gulf Power Co
Period of report
Feb 28, 2017
Accepted (ET)
Mar 1, 2017 · 11:44 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 28, 2017 | M | 16,100 | $37.97 | A | 19,424 | D | |
| Southern Company Common Stock | Feb 28, 2017 | S | 16,100 | $50.50 | D | 3,324 | D | |
| Southern Company Common Stock | holding | — | — | — | 9,630 | I | By 401(k) |
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 | $37.97 | Feb 28, 2017 | M | 16,100 | D | Feb 14, 2012 | Feb 14, 2021 | Southern Company Common Stock | 16,100 | 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.