SEC Form 4 · accession 0001209191-19-001183
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
Dec 31, 2018
Accepted (ET)
Jan 3, 2019 · 5:28 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 | 46,055 | $0.00 | A | 97,385 | D | |
| Southern Company Common StockF2 | Dec 31, 2018 | F | 20,886 | $43.92 | D | 76,499 | 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 UnitsF3,F1 | $0.00 | Dec 31, 2018 | M | 46,055 | D | Dec 31, 2018 | Dec 31, 2018 | Southern Company Common Stock | 46,055 | 0 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents the right to receive, at settlement, one share of common stock.
- F2Shares withheld to satisfy required state and federal tax withholding requirements.
- F3As reported in a Form 4 filed on July 6, 2016, in accordance with the Agreement and Plan of Merger dated August 23, 2015 by and among AGL Resources Inc., The Southern Company and AMS Corp., outstanding performance share units of AGL Resources Inc. were assumed by Southern Company and converted into time vesting RSUs of Southern Company. Vesting of the RSUs is as follows: 28,704 RSUs vest December 31, 2016; 37,980 RSUs vest December 31, 2017; and 46,055 RSUs vest December 31, 2018.