Filing Details
- Accession Number:
- 0001567619-19-015525
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-07-31 15:40:33
- Reporting Period:
- 2019-07-29
- Accepted Time:
- 2019-07-31 15:40:33
- 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 | 2019-07-29 | 8,561 | $27.10 | 41,412 | 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 | 38,850 | Indirect | By Wife |
Common Stock | 25,684 | 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) | $25.93 | 2005-12-06 | 2019-12-07 | 2,400 | 2,400 | 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 |
Common Stock | Stock-Settled Stock Appreciation Rights | $23.94 | 2020-02-07 | 2029-02-07 | 31,597 | 31,597 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2019-12-07 | 2,400 | 2,400 | Direct |
2025-04-23 | 20,910 | 20,910 | Direct |
2027-02-09 | 15,668 | 15,668 | Direct |
2029-02-07 | 31,597 | 31,597 | 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 reported holdings include stock acquired in dividend reinvestment transactions that are exempt from reporting under Rule 16a-11.
- Since the date of the reporting person's last ownership report, the reporting person has disposed of 8,561 shares held in ESOP pursuant to a diversification election made under the Internal Revenue Code.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.76 to $27.35, 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.