SEC Form 4 · accession 0001209191-18-041089
SOUTHERN CO · SO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew W Evans
Officer — Executive Vice President & CFO
Period of report
Jul 1, 2018
Accepted (ET)
Jul 3, 2018 · 4:29 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 StockF1,F2 | Jul 1, 2018 | M | 22,900 | $0.00 | A | 65,371 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Southern Co. Performance Stock Units HoldingF3 | $0.00 | Jul 1, 2018 | M | 21,068 | D | — | — | Southern Company Common Stock | 21,068 | 42,905 | D |
Explanation of responses
- F1Each performance stock unit (PSU) represents the right to receive, at settlement, one share of Southern Company common stock. On July 1, 2018, 21,068 PSUs and 1,832 dividend equivalent units vested.
- F2Shares will be withheld to satisfy tax withholding obligations once the amount of tax withholding is determined.
- F3PSU award was granted on September 29, 2016. A portion of the award vests on July 1, 2017, July 1, 2018 and July 1, 2019. The remaining portion of the award will vest based upon achievement of performance goals for the period from January 1, 2017 through December 31, 2019.