SEC Form 4 · accession 0001140361-15-022991
SUMMIT FINANCIAL GROUP INC · SMMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Frye
Officer — Sr. VP & Chief of Credit Admin
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 9:46 am 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 | Jun 1, 2015 | X | 3,082 | $9.75 | A | 57,408 | D | |
| Common Stock | holding | — | — | — | 8,539 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription Rights (right to buy) | $9.75 | Jun 1, 2015 | X | 3,082 | D | Apr 10, 2015 | May 26, 2015 | Common Stock | 3,082 | 0 | D |
| Employee Stock Option (Right to Buy)F2 | $9.49 | holding | — | — | — | Dec 6, 2003 | Dec 6, 2017 | Common Stock | 2,640 | 2,640 | D |
| Employee Stock Option (Right to Buy)F2 | $17.79 | holding | — | — | — | Dec 12, 2004 | Dec 12, 2018 | Common Stock | 4,800 | 4,800 | D |
| Employee Stock Option (Right to Buy)F2 | $25.93 | holding | — | — | — | Dec 6, 2005 | Dec 7, 2019 | Common Stock | 8,000 | 8,000 | D |
| Employee Stock Option Plan (Right to Buy)F2 | $24.44 | holding | — | — | — | Dec 6, 2005 | Dec 6, 2015 | Common Stock | 10,000 | 10,000 | D |
| Stock-Settled Stock Appreciation RightsF1 | $12.01 | holding | — | — | — | Apr 22, 2016 | Apr 23, 2025 | Common Stock | 17,613 | 17,613 | D |
Explanation of responses
- F1Option and/or SAR vests in 5 equal annual installments with the beginning date indicated.
- F2Option expires in 5 equal annual installments with the final date indicated.