OSCAR M. BEAN - 13 Mar 2023 Form 4 Insider Report for SUMMIT FINANCIAL GROUP, INC. (SMMF)

Role: Chairman, Director
Signature: Teresa D. Ely, Lmtd POA Attorney-in-Fact
Issuer symbol: SMMF
Transactions as of: 13 Mar 2023
Transactions value $: $4,398
Form type: 4
Filing time: 14 Mar 2023, 13:13:06 UTC
Previous filing: 10 Feb 2023
Next filing: 02 May 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	$4,398	+200	+0.24%	$21.99	83,092	13 Mar 2023	Direct
holding	SMMF	Common Stock						23,344	13 Mar 2023	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	13 Mar 2023	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.