SEC Form 5 · accession 0001567619-19-000927
SUMMIT FINANCIAL GROUP INC · SMMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oscar M Bean
Director · Other
Period of report
Dec 31, 2018
Accepted (ET)
Jan 10, 2019 · 11:10 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 | holding | — | — | — | 85,842 | D | ||
| Common StockF3 | holding | — | — | — | 24,125 | 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 | 1,975 | 1,975 | 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.
- F3The reported holdings include stock acquired in dividend reinvestment transactions that are exempt from reporting under Rule 16a-11.