SEC Form 4 · accession 0001140361-17-009276
SUMMIT FINANCIAL GROUP INC · SMMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Piccirillo
Director
Period of report
Feb 7, 2017
Accepted (ET)
Feb 27, 2017 · 8:21 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 StockF5 | Feb 7, 2017 | J | 9,614 | $0.00 | D | 9,614 | I | By Anggus Enterprises |
| Common StockF3 | holding | — | — | — | 31,056 | D | ||
| Common StockF4 | holding | — | — | — | 512 | I | By Spouse |
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 | 7,447 | 7,447 | 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.
- F3Includes 60.0054 shares acquired between June 2015 and December 2016 under the Company's dividend reinvestment plan.
- F4Includes 20.795805 shares acquired between June 2015 to December 2016 under the Company's dividend reinvestment plan.
- F5The reporting person is voluntarily reporting a change in the amount of shares previously reported resulting from a pro rata distribution by Anggus Enterprises to a person other than the reporting person in connection with a corporate stock redemption