GARY L. HINKLE - 01 Feb 2023 Form 4 Insider Report for SUMMIT FINANCIAL GROUP, INC. (SMMF)

Role
Director
Signature
Teresa D. Ely, Lmtd POA Attorney-In-Fact
Issuer symbol
SMMF
Transactions as of
01 Feb 2023
Transactions value $
$105,096
Form type
4
Filing time
02 Feb 2023, 08:47:49 UTC
Previous filing
31 Jan 2023
Next filing
14 Sep 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 $105,095 +4,050 +1% $25.95 409,854 01 Feb 2023 By Joint Revocable Trust F3
holding SMMF Common Stock 63,853 01 Feb 2023 By Hinkle Trucking
holding SMMF Common Stock 13,220 01 Feb 2023 By H. T. Services
holding SMMF Common Stock 4,800 01 Feb 2023 by Spouse
holding SMMF Common Stock 528 01 Feb 2023 As Cust for Grandchild
holding SMMF Common Stock 19,544 01 Feb 2023 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 7,509 01 Feb 2023 Common Stock 7,509 $0 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 price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.91 to $25.98, inclusive. The reporting person undertakes to provide to Summit Financial Group, Inc., any security holder of Summit Financial Group, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.