SEC Form 4 · accession 0001209191-19-010712
SOUTHERN CO · SO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
II James Y Kerr
Officer — Executive VP & General Counsel
Period of report
Feb 13, 2019
Accepted (ET)
Feb 15, 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 | Feb 13, 2019 | M | 3,272 | $0.00 | A | 43,734 | D | |
| Southern Company Common StockF2 | Feb 13, 2019 | F | 1,485 | $49.22 | D | 42,249 | D | |
| Southern Company Common StockF3 | Feb 13, 2019 | M | 745 | $0.00 | A | 42,994 | D | |
| Southern Company Common StockF2 | Feb 13, 2019 | F | 339 | $49.22 | D | 42,655 | D | |
| Southern Company Common Stock | holding | — | — | — | 21,165 | I | 401K |
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 | $0.00 | Feb 13, 2019 | M | 677 | D | — | — | Southern Company Common Stock | 677 | 678 | D |
| Performance Restricted Stock UnitsF4 | $0.00 | Feb 13, 2019 | M | 2,971 | D | — | — | Southern Company Common Stock | 2,971 | 2,971 | D |
Explanation of responses
- F1Shares acquired upon vesting of second 1/3 of performance restricted stock units granted on February 13, 2017. The Compensation and Management Succession Committee certified performance on February 13, 2018. Includes 301 accrued dividend equivalent units.
- F2Shares withheld to satisfy required state and federal tax withholding requirements.
- F3Restricted Stock Unit (RSU) award was granted on February 13, 2017. On February 13, 2019, 677 RSUs and 68 dividend equivalent units vested.
- F4Represents performance restricted stock units granted on February 13, 2017. The remaining portion of the award will vest in 2020. Each performance restricted stock unit represents the right to receive, at settlement, one share of common stock. Additional units will be acquired with deemed dividends. Shares will be withheld upon vesting to satisfy tax requirements.