Filing Details

Accession Number:
0001567619-19-011923
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-23 09:34:02
Reporting Period:
2019-05-21
Accepted Time:
2019-05-23 09:34:02
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
1186821 Patrick Frye Po Box 891
Moorefield WV 26836
Sr. Vp & Chief Of Credit Admin No 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 2019-05-21 2,060 $25.61 30,965 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 13,752 Indirect By ESOP
Common Stock 500 Indirect As CUST for Grandchild
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) $25.93 2005-12-06 2019-12-07 1,600 1,600 Direct
Common Stock Stock-Settled Stock Appreciation Rights $12.01 2016-04-22 2025-04-23 3,523 3,523 Direct
Common Stock Stock-Settled Stock Appreciation Rights $26.01 2018-02-09 2027-02-09 5,604 5,604 Direct
Common Stock Stock-Settled Stock Appreciation Rights $23.94 2020-02-07 2029-02-07 11,515 11,515 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-12-07 1,600 1,600 Direct
2025-04-23 3,523 3,523 Direct
2027-02-09 5,604 5,604 Direct
2029-02-07 11,515 11,515 Direct
Footnotes
  1. Option and/or SAR vests in 5 equal annual installments with the beginning date indicated.
  2. Option expires in 5 equal annual installments with the final date indicated.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.50 to $25.6504. 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.