SEC Form 4 · accession 0001140361-17-013228
SUMMIT FINANCIAL GROUP INC · SMMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradford E Ritchie
Officer — President, Subsidiary Bank
Period of report
Feb 9, 2017
Accepted (ET)
Mar 24, 2017 · 3:37 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 | Mar 24, 2017 | J | 858 | $0.00 | A | 4,088 | I | by ESOP |
| Common Stock | holding | — | — | — | 17,181 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-Settled Stock Appreciation RightsF1 | $26.01 | Feb 9, 2017 | A | 5,452 | A | Feb 9, 2018 | Feb 9, 2027 | Common Stock | 5,452 | 5,452 | D |
| Employee Stock Option (Right to Buy)F1,F2 | $2.54 | holding | — | — | — | Jul 27, 2011 | Jul 27, 2025 | Common Stock | 5,000 | 5,000 | D |
| Stock-Settled Stock Appreciation RightsF1 | $12.01 | holding | — | — | — | Apr 22, 2016 | Apr 23, 2025 | Common Stock | 17,112 | 17,112 | D |
Explanation of responses
- F1Option and/or SAR vests in 5 equal annual instamments with beginning date indicated.
- F2Option and/or SAR expires in 5 equal annual installments with the final date indicated.
- F3The information reported herein is based on a plan statement dated 12/31/2016 received in March 2017.
- F4Between January 1, 2016 and December 31, 2016, acquired 858.3375 shares of Summit common stock under the Summit Financial Group, Inc. Employee Stock Ownership Plan.