SEC Form 4 · accession 0001140361-15-023146
SUMMIT FINANCIAL GROUP INC · SMMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Crites
Director
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 7:23 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 | Jun 1, 2015 | X | 5,150 | $9.75 | A | 94,575 | D | |
| Common Stock | Jun 1, 2015 | X | 12,386 | $9.75 | A | 227,511 | I | FBO Grandchildren |
| Common Stock | Jun 1, 2015 | X | 5,696 | $9.75 | A | 104,593 | I | The Patricia A Crites 2012 GRAT |
| Common Stock | Jun 1, 2015 | X | 7,160 | $9.75 | A | 131,480 | I | By Spouse |
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 | 5,150 | D | Apr 10, 2015 | May 29, 2015 | Common Stock | 5,150 | 0 | D |
| Subscription Rights (right to buy) | $9.75 | Jun 1, 2015 | X | 12,386 | D | Apr 10, 2015 | May 29, 2015 | Common Stock | 12,386 | 0 | I |
| Subscription Rights (right to buy) | $9.75 | Jun 1, 2015 | X | 5,696 | D | Apr 10, 2015 | May 29, 2015 | Common Stock | 5,696 | 0 | I |
| Subscription Rights (right to buy) | $9.75 | Jun 1, 2015 | X | 7,160 | D | Apr 10, 2015 | May 29, 2015 | Common Stock | 7,160 | 0 | I |
| Phantom StockF1,F2 | $0.00 | holding | — | — | — | — | — | Common Stock | 8,376 | 8,376 | D |
Explanation of responses
- F1Each share of Phantom Stock represents the economic equivalent of one share of Summit Common Stock.
- F2Shares of Phantom Stock are payable only in cash following termination of the reporting person's service as a director of Summit.