SEC Form 4 · accession 0001140361-16-089187
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
Dec 7, 2016
Accepted (ET)
Dec 9, 2016 · 10:56 am 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 Stock | Dec 7, 2016 | M | 2,400 | $25.93 | A | 19,553 | D | |
| Common Stock | Dec 7, 2016 | S | 2,400 | $29.306 | D | 17,153 | D | |
| Common Stock | holding | — | — | — | 55,929 | I | By Wife | |
| Common Stock | holding | — | — | — | 30,124 | 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 | $25.93 | Dec 7, 2016 | M | 2,400 | D | Dec 6, 2005 | Dec 7, 2019 | Common Stock | 2,400 | 7,200 | D |
| Employee Stock Option (Right to Buy) | $9.49 | holding | — | — | — | Dec 6, 2003 | Dec 6, 2017 | Common Stock | 1,400 | 1,400 | D |
| Employee Stock Option (Right to Buy)F2 | $17.79 | holding | — | — | — | Dec 12, 2004 | Dec 12, 2018 | Common Stock | 7,200 | 7,200 | 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.