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SUMMIT FINANCIAL GROUP INC·4

Mar 16, 3:33 PM ET

SUMMIT FINANCIAL GROUP INC 4

4 · SUMMIT FINANCIAL GROUP INC · Filed Mar 16, 2015

Insider Transaction Report

Form 4
Period: 2015-03-12
SUMMIT FINANCIAL GROUP INCSMMF
BENSENHAVER DEWEY F
Director
Transactions
  • Conversion

    8% Non-Cumulative Convertible Preferred Stock, Series 2011

    2015-03-12−12,500→ 0 total
    Exercise: $4.00From: 2012-03-01Exp: 2021-06-01→ Common Stock (12,500 underlying)
  • Conversion

    Common Stock

    2015-03-12$5.50/sh+18,181$99,996→ 47,032 total
  • Conversion

    Common Stock

    2015-03-12$4.00/sh+12,500$50,000→ 59,532 total
  • Conversion

    8% Non-Cumulative Convertible Preferred Stock, Series 2009

    2015-03-12−18,181→ 0 total
    Exercise: $5.50From: 2010-03-01Exp: 2019-06-01→ Common Stock (18,181.81 underlying)
Holdings

  • Phantom Stock

    Exercise: $0.00→ Common Stock (4,453.31 underlying)
    4,453.31

  • Common Stock

    (indirect: By Children)
    14,820

  • Common Stock

    (indirect: By Spouse)
    5,812

  • Common Stock

    (indirect: By Children)
    600
Footnotes (3)
  • [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 2009 Series Preferred Stock and 2011 Series Preferred Stock converted to Common Stock on 3/12/2015.

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4