Charles S. Piccirillo - 31 Dec 2021 Form 5 Insider Report for SUMMIT FINANCIAL GROUP, INC.

Role: Director
Signature: Teresa D. Ely, Lmtd POA Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 31 Dec 2021
Net transactions value: $0
Form type: 5
Filing time: 08 Feb 2022, 08:53:40 UTC
Next filing: 11 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SMMF	Common Stock						35,067	31 Dec 2021	Direct	F3
holding	SMMF	Common Stock						583	31 Dec 2021	By Spouse	F3
holding	SMMF	Common Stock						9,614	31 Dec 2021	By Anggus Enterprises
holding	SMMF	Non-Convertible Perpetual Preferred Stock, Series 2021						10	31 Dec 2021	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	Phantom Stock						7,794	31 Dec 2021	Common Stock	7,794	$0.000000	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each share of Phantom Stock represents the economic equivalent of one share of Summit Common Stock.
F2	Shares of Phantom Stock are payable only in cash following termination of the reporting person's service as a director of Summit.
F3	The reported holdings include stock acquired in dividend reinvestment transactions that are exempt from reporting under Rule 16a-11.