SEC Form 4 · accession 0001140361-15-012026

SUMMIT FINANCIAL GROUP INC · SMMF

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Senior VP & CFO

Period of report

Mar 12, 2015

Accepted (ET)

Mar 16, 2015 · 5:28 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000811808

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Mar 12, 2015	C	36,363	$5.50	A	60,481	D
Common Stock	Mar 12, 2015	C	3,750	$4.00	A	64,231	D
Common Stock	holding	—	—		—	700	I	by Spouse
Common Stock	holding	—	—		—	8,004	I	By ESOP

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
8% Non-Cumulative Convertible Preferred Stock, Series 2009^F2	$5.50	Mar 12, 2015	C	36,363	D	Mar 1, 2010	Jun 1, 2019	Common Stock	36,363	0	D
8% Non-Cumulative Convertible Preferred Stock, Series 2011^F2	$4.00	Mar 12, 2015	C	3,750	D	Mar 1, 2012	Jun 1, 2021	Common Stock	3,750	0	D
Employee Stock Option (Right to Buy)	$5.95	holding	—	—	—	Oct 26, 2002	Oct 26, 2016	Common Stock	1,600	1,600	D
Employee Stock Option (Right to Buy)^F1	$9.49	holding	—	—	—	Dec 6, 2003	Dec 6, 2017	Common Stock	2,640	2,640	D
Employee Stock Optin (Right to Buy)^F1	$17.79	holding	—	—	—	Dec 12, 2004	Dec 12, 2018	Common Stock	5,600	5,600	D
Employee Stock Option (Right to Buy)^F1	$25.93	holding	—	—	—	Dec 6, 2005	Dec 7, 2019	Common Stock	8,000	8,000	D
Employee Stock Option Plan (Right to Buy)^F1	$24.44	holding	—	—	—	Dec 6, 2005	Dec 6, 2015	Common Stock	10,000	10,000	D

F1Option expires in 5 equal annual installments with the final dated indicated.
F2The 2009 Series Preferred Stock and 2011 Series Preferred Stock converted to Common Stock on 3/12/2015.