H. Charles Maddy III - Feb 9, 2023 Form 4 Insider Report for SUMMIT FINANCIAL GROUP, INC. (SMMF)

Role
President & CEO, Director
Signature
Teresa D. Ely Lmtd POA, Attorney-in-Fact
Stock symbol
SMMF
Transactions as of
Feb 9, 2023
Transactions value $
$775,146
Form type
4
Date filed
2/10/2023, 12:31 PM
Previous filing
May 23, 2022
Next filing
Apr 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SMMF Common Stock 41.3K Feb 9, 2023 Direct
holding SMMF Common Stock 38.9K Feb 9, 2023 By Wife
holding SMMF Common Stock 30.1K Feb 9, 2023 By ESOP

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
transaction SMMF Stock-Settled Stock Appreciation Rights Award $775K +29.4K $26.37 29.4K Feb 9, 2023 Common Stock 29.4K $26.37 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 20.9K Feb 9, 2023 Common Stock 20.9K $12.01 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 15.7K Feb 9, 2023 Common Stock 15.7K $26.01 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 31.6K Feb 9, 2023 Common Stock 31.6K $23.94 Direct F1
holding SMMF Stock-Settled Stock Appreciation Rights 31K Feb 9, 2023 Common Stock 31K $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.