SEC Form 4 · accession 0001140361-16-090500
SUMMIT FINANCIAL GROUP INC · SMMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dewey F Bensenhaver
Director
Period of report
Dec 20, 2016
Accepted (ET)
Dec 21, 2016 · 5:00 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 Stock | Dec 20, 2016 | S | 1,000 | $28.00 | D | 4,812 | I | By Wife |
| Common Stock | Dec 21, 2016 | S | 1,676 | $28.00 | D | 3,136 | I | By Wife |
| Common Stock | holding | — | — | — | 59,791 | D | ||
| Common Stock | holding | — | — | — | 14,820 | I | By children | |
| Common Stock | holding | — | — | — | 600 | I | by self as Cust for children |
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 | 4,453 | 4,453 | 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.