Filing Details
- Accession Number:
- 0001140361-16-089094
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-12-08 15:16:56
- Reporting Period:
- 2016-12-06
- Filing Date:
- 2016-12-08
- Accepted Time:
- 2016-12-08 15:16:56
- 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 |
|---|---|---|---|---|---|---|---|
| 1186836 | S Robert Tissue | Po Box 1822 Lewisburg WV 24901 | Senior Vp & Cfo | 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 | Acquisiton | 2016-12-06 | 880 | $9.49 | 69,410 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2016-12-07 | 1,600 | $25.93 | 71,010 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-12-07 | 1,600 | $29.34 | 69,410 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2016-12-06 | 880 | $9.49 | 880 | $9.49 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2016-12-07 | 1,600 | $25.93 | 1,600 | $25.93 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 880 | 2003-12-06 | 2017-12-06 | No | 4 | M | Direct |
| 4,800 | 2005-12-06 | 2019-12-07 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 740 | Indirect | by Spouse |
| Common Stock | 10,817 | Indirect | By ESOP |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Optin (Right to Buy) | $17.79 | 2004-12-12 | 2018-12-12 | 4,200 | 4,200 | Direct |
| Common Stock | Stock-Settled Stock Appreciation Rights | $12.01 | 2016-04-22 | 2025-04-23 | 17,947 | 17,947 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2018-12-12 | 4,200 | 4,200 | Direct |
| 2025-04-23 | 17,947 | 17,947 | 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 dated indicated.
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.3242 to $29.36, 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.
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