Oscar M. Bean - 14 Dec 2022 Form 4 Insider Report for SUMMIT FINANCIAL GROUP, INC.

Role: Chairman, Director
Signature: Teresa D. Ely, Lmtd POA Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 14 Dec 2022
Net transactions value: +$13,250
Form type: 4
Filing time: 14 Dec 2022, 13:17:30 UTC
Next filing: 31 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMMF	Common Stock	Purchase	$13,250	+500	+0.61%	$26.50	81,892	14 Dec 2022	Direct
holding	SMMF	Common Stock						23,344	14 Dec 2022	By Spouse

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						1,975	14 Dec 2022	Common Stock	1,975	$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.