Patricia L. Owens - 14 Apr 2023 Form 4 Insider Report for SUMMIT FINANCIAL GROUP, INC.

Role: Ex. VP & Chief Banking Officer
Signature: /s/ Teresa D Ely, Lmtd POA, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 14 Apr 2023
Net transactions value: $0
Form type: 4
Filing time: 14 Apr 2023, 10:23:02 UTC
Previous filing: 28 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMMF	Common Stock	Other	$0	+1,010	+19%	$0.000000	6,356	14 Apr 2023	By ESOP	F2, F3
holding	SMMF	Common Stock						5,480	14 Apr 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	SMMF	Stock-Settled Stock Appreciation Rights						9,000	14 Apr 2023	Common Stock	9,000	$12.01	Direct	F1
holding	SMMF	Stock-Settled Stock Appreciation Rights						4,945	14 Apr 2023	Common Stock	4,945	$26.01	Direct	F1
holding	SMMF	Stock-Settled Stock Appreciation Rights						10,064	14 Apr 2023	Common Stock	10,064	$23.94	Direct	F1
holding	SMMF	Stock-Settled Stock Appreciation Rights						9,940	14 Apr 2023	Common Stock	9,940	$21.85	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	SAR vests in 5 equal annual installments with the beginning date indicated.
F2	The information reported herein is based on a plan statement dated 12/31/2022 received in April 2023
F3	Between January 1, 2022 and December 31, 2022, acquired 1,009.5977 shares of Summit Common Stock under the Summit Financial Group, Inc. Employee Stock Ownership Plan.