WHATLEY STEPHEN W. (Chief Executive Officer) received a stock award from SOUTHERN STATES BANCSHARES, INC.

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 1 award

WHATLEY STEPHEN W.

Filed: 2/11/2022ACC: 0001209191-22-008732

InsiderWHATLEY STEPHEN W.CIK 1869993

→

IssuerSOUTHERN STATES BANCSHARES, INC.CIK 1689731

DirectorOfficer· Chief Executive Officer

Since Aug 2021

+9.65K

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

9.65K acquired

Non-Derivative Transactions1

Common Stock, par value $5.00 per share

Direct

A · Award

+3.64K

Price / share

—

Trade value

—

% of position

0.7%

2/9/2022

523.89K→527.53K

Total

Net shares

+3.64K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, par value $5.00 per share Direct	2/9/2022	A · Award	+3.64K	—	—	0.7%	523.89K	527.53K
Total			+3.64K		$0.00

Derivative Transactions1

STOCK OPTIONS (RIGHT TO BUY)

Direct

A · Award

Converts to

Common Stock

6.01K shares

+6.01K

Strike price

20.61

Held after

6.01K

Exercisable

—

2/9/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
STOCK OPTIONS (RIGHT TO BUY) Direct	Common Stock6.01K shares	2/9/2022	A · Award	+6.01K	20.61	—	6.01K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)5

STOCK OPTIONS (RIGHT TO BUY)

Direct

Underlying security

Common Stock

Underlying shares

7.28K

Shares owned

7.28K

Exercise price

20.03

Expiration

—

Exercise window

—

STOCK OPTIONS (RIGHT TO BUY)

Direct

Underlying security

Common Stock

Underlying shares

18.24K

Shares owned

18.24K

Exercise price

20.10

Expiration

—

Exercise window

—

STOCK OPTIONS (RIGHT TO BUY)

Direct

Underlying security

Common Stock

Underlying shares

50K

Shares owned

50K

Exercise price

10.00

Expiration

—

Exercise window

—

STOCK OPTIONS (RIGHT TO BUY)

Direct

Underlying security

Common Stock

Underlying shares

10K

Shares owned

10K

Exercise price

14.50

Expiration

—

Exercise window

—

STOCK OPTIONS (RIGHT TO BUY)

Direct

Underlying security

Common Stock

Underlying shares

16.49K

Shares owned

16.49K

Exercise price

16.00

Expiration

—

Exercise window

—

Total

Underlying

102K

Owned

102K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
STOCK OPTIONS (RIGHT TO BUY) Direct	Common Stock	20.03	—	—	7.28K	7.28K
STOCK OPTIONS (RIGHT TO BUY) Direct	Common Stock	20.10	—	—	18.24K	18.24K
STOCK OPTIONS (RIGHT TO BUY) Direct	Common Stock	10.00	—	—	50K	50K
STOCK OPTIONS (RIGHT TO BUY) Direct	Common Stock	14.50	—	—	10K	10K
STOCK OPTIONS (RIGHT TO BUY) Direct	Common Stock	16.00	—	—	16.49K	16.49K
Total					102K	102K