H. Charles Maddy III - Apr 14, 2023 Form 4 Insider Report for SUMMIT FINANCIAL GROUP, INC. (SMMF)

Role
President & CEO, Director
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, 10:38 AM
Previous filing
Feb 10, 2023
Next filing
May 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMMF Common Stock Other $0 +1.68K +5.58% $0.00 31.7K Apr 14, 2023 By ESOP F2, F3
holding SMMF Common Stock 41.3K Apr 14, 2023 Direct
holding SMMF Common Stock 38.9K Apr 14, 2023 By Wife

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 20.9K Apr 14, 2023 Common Stock 20.9K $12.01 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 15.7K Apr 14, 2023 Common Stock 15.7K $26.01 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 31.6K Apr 14, 2023 Common Stock 31.6K $23.94 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 31K Apr 14, 2023 Common Stock 31K $21.85 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 29.4K Apr 14, 2023 Common Stock 29.4K $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 1,677.7922 shares of Summit Common Stock under the Summit Financial Group, Inc. Employee Stock Ownership Plan.