SEC Form 4 · accession 0001140361-15-025525
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 24, 2015
Accepted (ET)
Jun 26, 2015 · 3:54 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 24, 2015 | G | 5,400 | $0.00 | A | 99,975 | D | |
| Common Stock | Jun 24, 2015 | G | 5,400 | $0.00 | D | 126,080 | I | By Spouse |
| Common Stock | holding | — | — | — | 227,511 | I | FBO Grandchildren | |
| Common Stock | holding | — | — | — | 104,593 | I | The Patricia A Crites 2012 GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/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.