Sykes Nancy E 4
4 · SOUTHERN CO · Filed Feb 14, 2018
Insider Transaction Report
Form 4
Sykes Nancy E
EVP & CHRO
Transactions
- Exercise/Conversion
Southern Company Common Stock
2018-02-12+1,386→ 4,358 total - Tax Payment
Southern Company Common Stock
2018-02-12$44.68/sh−495$22,117→ 3,863 total - Exercise/Conversion
Performance Restricted Stock Units
2018-02-12−1,326→ 2,651 totalExercise: $0.00→ Southern Company Common Stock (1,326 underlying)
Footnotes (3)
- [F1]Shares acquired upon vesting of first 1/3 of performance restricted stock units granted on February 13, 2017. The Compensation and Management Succession Committee certified performance on February 12, 2018. Includes 60 accrued dividend equivalent units.
- [F2]Shares withheld to satisfy required state and federal tax withholding requirements.
- [F3]Represents performance restricted stock units granted on February 13, 2017. The Compensation and Management Succession Committee certified performance on February 12, 2018 and the first 1/3 vested. The remaining award will vest 1/3 in 2019 and 1/3 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.