SUMMIT FINANCIAL CORP 4
4 · SUMMIT FINANCIAL CORP · Filed Jul 6, 2005
Insider Transaction Report
Form 4
POTTER J RANDOLPH
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common stock, $1.00 par value
2005-06-30$5.33/sh+59,098$314,992→ 128,648 total - Disposition to Issuer
Common stock, $1.00 par value
2005-07-01$22.00/sh−1,786$39,292→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common stock, $1.00 par value
2005-07-01$22.00/sh−128,648$2,830,256→ 0 total - Exercise/Conversion
Employee stock option (right to buy)
2005-06-30$5.33/sh−59,098$314,992→ 0 totalExercise: $5.33From: 1997-12-16Exp: 2006-12-16→ Common stock (59,098 underlying) - Gift
Common stock, $1.00 par value
2005-06-28−5,000→ 69,550 total
Footnotes (2)
- [F1]Transaction is for a gift of shares with no specified transaction price.
- [F2]Includes 1,600 unvested restricted shares of common stock issued pursuant to Summit Financial Corporation's Restricted Stock Plan; shares vest 20% per year and restrictions began to lapse in January 2005.