SEC Form 5 · accession 0001567619-19-003433
SUMMIT FINANCIAL GROUP INC · SMMF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Cookman
Director
Period of report
Dec 31, 2018
Accepted (ET)
Feb 13, 2019 · 9:05 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 StockF3 | Jun 1, 2015 | X | 1,426 | $9.75 | A | 26,210 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription Rights (right to buy)F3 | $9.75 | Jun 1, 2015 | X | 1,426 | D | Apr 10, 2015 | May 29, 2015 | Common Stock | 1,426 | 0 | D |
| Phanton StockF1,F2 | $0.00 | holding | — | — | — | — | — | Common Stock | 9,670 | 9,670 | 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 reporting person purchased 1,426 shares in a rights offering that were not previously reported.