Filing Details
- Accession Number:
- 0001140361-17-046680
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-12-19 14:25:00
- Reporting Period:
- 2017-12-15
- Accepted Time:
- 2017-12-19 14:25:00
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 811808 | Summit Financial Group Inc | SMMF | State Commercial Banks (6022) | 550672148 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1186827 | Iii Charles H Maddy | 300 North Main Street Moorefield WV 26836 | President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Disposition | 2017-12-15 | 1,900 | $27.28 | 77,856 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 31,715 | Indirect | By ESOP |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | $17.79 | 2004-12-12 | 2018-12-12 | 2,400 | 2,400 | Direct |
| Common Stock | Employee Stock Option (Right to Buy) | $25.93 | 2005-12-06 | 2019-12-07 | 4,800 | 4,800 | Direct |
| Common Stock | Stock-Settled Stock Appreciation Rights | $12.01 | 2016-04-22 | 2025-04-23 | 20,910 | 20,910 | Direct |
| Common Stock | Stock-Settled Stock Appreciation Rights | $26.01 | 2018-02-09 | 2027-02-09 | 15,668 | 15,668 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2018-12-12 | 2,400 | 2,400 | Direct |
| 2019-12-07 | 4,800 | 4,800 | Direct |
| 2025-04-23 | 20,910 | 20,910 | Direct |
| 2027-02-09 | 15,668 | 15,668 | Direct |
Footnotes
- Option and/or SAR vests in 5 equal annual installments with the beginning date indicated.
- Option expires in 5 equal annual installments with the final date indicated.
- The price reported in Column 4 is an average price. These shares were purchased in multiple transactions at prices ranging from $27.25 to $27.365, inclusive. The reporting person undertakes to provide to Summit Financial Group, Inc., any security holder of Summit Financial Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
- The number of Derivative Securities Beneficially Owned changed due to the expiration of 2400 stock options on December 7, 2017.
Billionaire Hedge Funds
