SEC Form 4 · accession 0001209191-17-058357
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
Oct 26, 2017
Accepted (ET)
Oct 30, 2017 · 5:38 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 | Oct 26, 2017 | M | 46,941 | $41.28 | A | 59,494 | D | |
| Southern Company Common Stock | Oct 26, 2017 | S | 46,941 | $52.50 | D | 12,553 | D | |
| Southern Company Common Stock | holding | — | — | — | 51 | I | by family member in household | |
| Southern Company Common Stock | holding | — | — | — | 7,491 | 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 | $41.28 | Oct 26, 2017 | M | 46,941 | D | Feb 10, 2015 | Feb 10, 2024 | Southern Company Common Stock | 46,941 | 0 | D |
Explanation of responses
- F1Options were exercised and shares were sold pursuant to a Rule 10b5-1 plan.
- F2Options vest 33% per year on the anniversary of the grant date.
- F3Includes the right to have shares withheld upon exercise to satisfy tax withholding obligations.