SEC Form 4 · accession 0001140361-16-088902
SUMMIT FINANCIAL GROUP INC · SMMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott C Jennings
Officer — Sr. VP & COO
Period of report
Dec 5, 2016
Accepted (ET)
Dec 6, 2016 · 3:21 pm EST
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 | Dec 5, 2016 | M | 880 | $9.49 | A | 1,234 | D | |
| Common Stock | holding | — | — | — | 17,120 | 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)F2 | $9.49 | Dec 5, 2016 | M | 880 | D | Dec 6, 2003 | Dec 6, 2017 | Common Stock | 880 | 1,760 | D |
| Employee Stock Option (Right to Buy)F4,F2 | $17.79 | holding | — | — | — | Dec 12, 2004 | Dec 12, 2018 | Common Stock | 4,200 | 4,200 | D |
| Emplolyee Stock Option (Right to Buy)F5,F2 | $25.93 | holding | — | — | — | Dec 6, 2005 | Dec 7, 2019 | Common Stock | 6,400 | 6,400 | D |
| Employee Stock Option Plan (Right to Buy)F6,F2 | $24.44 | holding | — | — | — | Dec 6, 2005 | Dec 6, 2015 | Common Stock | 0 | 0 | D |
| Stock-Settled Stock Appreciation RightsF1 | $12.01 | holding | — | — | — | Apr 22, 2016 | Apr 23, 2025 | Common Stock | 17,947 | 17,947 | 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 2.454815 shares acquired through participation in the Company's dividend reinvestment program.
- F4The number of Derivative Securities Beneficially Owned changed due to the expiration of 1,400 stock options on December 12, 2015.
- F5The number of Derivative Securities Beneficially Owned changed due to the expiration of 1,600 stock options on December 7, 2015.
- F6The number of Derivative Securities Beneficially Owned changed due to the expiration of 10,000 stock options on December 6, 2015.