SEC Form 4 · accession 0001140361-15-038505
SUMMIT FINANCIAL GROUP INC · SMMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Charles Maddy III
Officer — President & CEO · Director
Period of report
Oct 23, 2015
Accepted (ET)
Oct 26, 2015 · 2:49 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 StockF3 | Oct 23, 2015 | M | 1,200 | $5.95 | A | 13,150 | D | |
| Common Stock | holding | — | — | — | 55,929 | I | By Wife | |
| Common Stock | holding | — | — | — | 26,514 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $5.95 | Oct 23, 2015 | M | 1,200 | D | Oct 26, 2002 | Oct 26, 2016 | Common Stock | 1,200 | 1,200 | D |
| Employee Stock Option (Right to Buy)F2 | $9.49 | holding | — | — | — | Dec 6, 2003 | Dec 6, 2017 | Common Stock | 5,600 | 4,200 | D |
| Employee Stock Option (Right to Buy)F2 | $17.79 | holding | — | — | — | Dec 12, 2004 | Dec 12, 2018 | Common Stock | 9,600 | 9,600 | D |
| Employee Stock Option (Right to Buy)F2 | $25.93 | holding | — | — | — | Dec 6, 2005 | Dec 7, 2019 | Common Stock | 12,000 | 12,000 | D |
| Employee Stock Option (Right to Buy)F2 | $24.44 | holding | — | — | — | Dec 6, 2005 | Dec 6, 2015 | Common Stock | 15,000 | 15,000 | D |
| Stock-Settled Stock Appreciation RightsF1 | $12.01 | holding | — | — | — | Apr 22, 2016 | Apr 23, 2025 | Common Stock | 34,850 | 34,850 | 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.
- F3The amount beneficially owned at the end of the month changed due to 1.022337 shares acquired through participation in the Company's dividend reinvestment program.