SEC Form 4 · accession 0001209191-19-001180
SOUTHERN CO · SO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen E Kuczynski
Officer — Pres. & CEO, Southern Nuclear
Period of report
Dec 31, 2018
Accepted (ET)
Jan 3, 2019 · 5:25 pm 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 StockF1 | Dec 31, 2018 | M | 8,399 | — | A | 69,306 | D | |
| Southern Company Common StockF2 | Dec 31, 2018 | F | 3,726 | $43.92 | D | 65,580 | 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 Restricted Stock UnitsF1 | $0.00 | Dec 31, 2018 | M | 8,184 | D | — | — | Southern Company Common Stock | 8,184 | 32,736 | D |
Explanation of responses
- F1The RSU award, granted on May 23, 2018, vests 20% each year for five years, on December 31 of each year, beginning December 31, 2018. Vesting will be accelerated if certain performance measures are met before December 31, 2022. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.
- F2Shares withheld to satisfy required state and federal tax withholding requirements.