Patrick Frye - Apr 14, 2023 Form 4 Insider Report for SUMMIT FINANCIAL GROUP, INC. (SMMF)

Role
Sr. VP & Chief of Credit Admin
Signature
/s/ Teresa D Ely, Lmtd POA, Attorney-in-Fact
Stock symbol
SMMF
Transactions as of
Apr 14, 2023
Transactions value $
$0
Form type
4
Date filed
4/14/2023, 10:26 AM
Previous filing
Feb 10, 2023
Next filing
Dec 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMMF Common Stock Other $0 +1.33K +9.97% $0.00 14.7K Apr 14, 2023 By ESOP F2, F3
holding SMMF Common Stock 20.8K Apr 14, 2023 Direct
holding SMMF Common Stock 1.5K Apr 14, 2023 As CUST for Grandchildren

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 3.52K Apr 14, 2023 Common Stock 3.52K $12.01 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 5.6K Apr 14, 2023 Common Stock 5.6K $26.01 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 11.5K Apr 14, 2023 Common Stock 11.5K $23.94 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 16.7K Apr 14, 2023 Common Stock 16.7K $21.85 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 16.2K Apr 14, 2023 Common Stock 16.2K $26.37 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 1330.0184 shares of Summit Common Stock under the Summit Financial Group, Inc. Employee Stock Ownership Plan.