Statement of Changes in Beneficial Ownership (4)
April 14 2023 - 10:27AM
Edgar (US Regulatory)
FORM 4
☐
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
|
1. Name and Address of Reporting Person
*
FRYE PATRICK |
2. Issuer Name and Ticker or Trading Symbol
SUMMIT FINANCIAL GROUP, INC.
[
SMMF
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Sr. VP & Chief of Credit Admin |
|
(Last)
(First)
(Middle)
PO BOX 891 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
4/14/2023 |
|
(Street)
MOOREFIELD, WV 26836 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
|
(City)
(State)
(Zip)
|
Rule 10b5-1(c) Transaction Indication
☐
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to
satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
| Common Stock | 4/14/2023 (2) | | J | | 1330.0184 (3) | A | $0 | 14664.54 | I | By ESOP |
| Common Stock | | | | | | | | 20815 | D | |
| Common Stock | | | | | | | | 1500 | I | As CUST for Grandchildren |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code
(Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) | 8. Price of Derivative Security
(Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Stock-Settled Stock Appreciation Rights | $12.0100 | | | | | | | 4/22/2016 (1) | 4/23/2025 | Common Stock | 3522.60 | | 3522.60 | D | |
| Stock-Settled Stock Appreciation Rights | $26.0100 | | | | | | | 2/9/2018 (1) | 2/9/2027 | Common Stock | 5604 | | 5604 | D | |
| Stock-Settled Stock Appreciation Rights | $23.9400 | | | | | | | 2/7/2020 (1) | 2/7/2029 | Common Stock | 11515 | | 11515 | D | |
| Stock-Settled Stock Appreciation Rights | $21.8500 | | | | | | | 7/15/2022 (1) | 7/15/2031 | Common Stock | 16677 | | 16677 | D | |
| Stock-Settled Stock Appreciation Rights | $26.3700 | | | | | | | 2/9/2024 (1) | 2/9/2033 | Common Stock | 16153 | | 16153 | D | |
| Explanation of Responses: |
| (1) | SAR vests in 5 equal annual installments with the beginning date indicated. |
| (2) | The information reported herein is based on a plan statement dated 12/31/2022 received in April 2023 |
| (3) | Between January 1, 2022 and December 31, 2022, acquired 1330.0184 shares of Summit Common Stock under the Summit Financial Group, Inc. Employee Stock Ownership Plan. |
Reporting Owners
|
| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
FRYE PATRICK
PO BOX 891
MOOREFIELD, WV 26836 |
|
| Sr. VP & Chief of Credit Admin |
|
Signatures
|
| /s/ Teresa D Ely, Lmtd POA, Attorney-in-Fact | | 4/14/2023 |
| **Signature of Reporting Person | Date |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
Summit Financial (NASDAQ:SMMF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Summit Financial (NASDAQ:SMMF)
Historical Stock Chart
From Jul 2023 to Jul 2024
