SEC Form 4 · accession 0001209191-17-039343
SOUTHERN CO · SO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann P Daiss
Officer — Comptroller
Period of report
Jun 12, 2017
Accepted (ET)
Jun 13, 2017 · 9:51 am 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 | Jun 12, 2017 | M | 5,000 | $41.28 | A | 7,394 | D | |
| Southern Company Common Stock | Jun 12, 2017 | S | 5,000 | $51.28 | D | 2,394 | D | |
| Southern Company Common Stock | holding | — | — | — | 3,243 | 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 | $41.28 | Jun 12, 2017 | M | 5,000 | D | Feb 10, 2015 | Feb 10, 2024 | Southern Company Common Stock | 5,000 | 10,080 | D |
Explanation of responses
- F1Options vest 33% per year on the anniversary of the grant date. Includes the right to have shares withheld upon exercise to satisfy tax withholding obligations. Options were exercised and shares were sold pursuant to a Rule 10b5-1 plan.