Whatley Stephen W. 4

4 · Southern States Bancshares, Inc. · Filed Feb 11, 2022

Form 4

Period: 2022-02-09

DirectorChief Executive Officer

Transactions

Award
Common Stock, par value $5.00 per share
2022-02-09+3,639→ 527,532 total
Award
STOCK OPTIONS (RIGHT TO BUY)
2022-02-09+6,014→ 6,014 total
Exercise: $20.61Exp: 2032-02-09→ Common Stock (6,014 underlying)

Holdings

STOCK OPTIONS (RIGHT TO BUY)
Exercise: $10.00Exp: 2026-01-20→ Common Stock (50,000 underlying)
50,000
STOCK OPTIONS (RIGHT TO BUY)
Exercise: $14.50Exp: 2028-01-21→ Common Stock (10,000 underlying)
10,000
STOCK OPTIONS (RIGHT TO BUY)
Exercise: $16.00Exp: 2029-01-22→ Common Stock (16,486 underlying)
16,486
STOCK OPTIONS (RIGHT TO BUY)
Exercise: $20.10Exp: 2030-01-22→ Common Stock (18,237 underlying)
18,237
STOCK OPTIONS (RIGHT TO BUY)
Exercise: $20.03Exp: 2031-02-10→ Common Stock (7,275 underlying)
7,275

Footnotes (8)

[F1]Grant of restricted stock
[F2]Includes 10,406 in unvested restricted shares which will incrementally vest annually by 2/9/2025
[F3]These options were granted on 2/9/2022, vest in one-third increments over three years, and will be fully vested and exercisable on 2/9/2025
[F4]These options were granted on 1/20/2016, vest in one-fifth increments over five years, and became fully vested and exercisable on 1/20/2021
[F5]These options were granted on 1/21/2018, vest in one-third increments over three years, and became fully vested and exercisable on 1/21/2021
[F6]These options were granted on 1/22/2019, vest in one-third increments over three years, and became fully vested and exercisable on 1/22/2022
[F7]These options were granted on 1/22/2020, vest in one-third increments over three years, and will be fully vested and exercisable on 1/22/2023
[F8]These options were granted on 2/10/2021, vest in one-third increments over three years, and will be fully vested and exercisable on 2/10/2024

Documents

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