SEC Form 4 · accession 0001140361-17-026077
SUMMIT FINANCIAL GROUP INC · SMMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Piccirillo
Director
Period of report
Jun 23, 2017
Accepted (ET)
Jun 26, 2017 · 3:35 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 StockF5,F3 | Jun 23, 2017 | P | 1,407 | $21.6882 | A | 32,471 | D | |
| Common StockF4 | holding | — | — | — | 514 | I | By Spouse | |
| Common Stock | holding | — | — | — | 9,614 | I | By Anggus Enterprises |
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 7.539211 shares acquired on 3/31/2017 under the Company's dividend reinvestment plan.
- F4Includes 2.612993 shares acquired on 3/31/2017 under the Company's dividend reinvestment plan.
- F5The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.67 to $21.73, inclusive. The reporting person undertakes to provide to Summit Financial Group, Inc., any security holder of Summit Financial Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.