Bradford E. Ritchie - 22 Jul 2021 Form 4/A - Amendment Insider Report for SUMMIT FINANCIAL GROUP, INC. (SMMF)

Role: President, Subsidiary Bank
Signature: Teresa D. Ely, Lmtd. POA, Attorney-In-Fact
Issuer symbol: SMMF
Transactions as of: 22 Jul 2021
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 27 Oct 2021, 09:27:38 UTC
Date Of Original Report: 23 Jul 2021
Previous filing: 15 Jul 2021
Next filing: 27 Oct 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMMF	Common Stock	Options Exercise	$2,540	+1,000	+6%	$2.54	17,781	22 Jul 2021	Direct	F3
holding	SMMF	Common Stock						7,036	22 Jul 2021	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	Employee Stock Option (Right to Buy)	Options Exercise	$2,540	-1,000	-20%	$2.54	4,000	22 Jul 2021	Common Stock	5,000	$2.54	Direct	F1, F2
holding	SMMF	Stock-Settled Stock Appreciation Rights						17,112	22 Jul 2021	Common Stock	17,112	$12.01	Direct	F1
holding	SMMF	Stock-Settled Stock Appreciation Rights						5,452	22 Jul 2021	Common Stock	5,452	$26.01	Direct	F1
holding	SMMF	Stock-Settled Stock Appreciation Rights						11,281	22 Jul 2021	Common Stock	11,281	$23.94	Direct	F1
holding	SMMF	Stock-Settled Stock Appreciation Rights						19,033	22 Jul 2021	Common Stock	19,033	$21.85	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Option and/or SAR vests in 5 equal annual instamments with beginning date indicated.
F2	Option and/or SAR expires in 5 equal annual installments with the final date indicated.
F3	This amendment is to reflect the acquired 1,000 shares on Table I from the transaction reported on Table II. The correct number of securities beneficially owned following the transaction in Direct ownership is 17,781. These shares were also omitted from one (1) subsequent Form 4 since the initial Form 4 filing.