BAER FRANK A III 5
5 · SUMMIT FINANCIAL GROUP INC · Filed Feb 17, 2009
Insider Transaction Report
Form 5
BAER FRANK A III
Director
Transactions
- Award
Phantom Stock
2008-12-31$9.00/sh+830$7,470→ 3,081 totalExercise: $0.00→ Common Stock (3,081 underlying)
Holdings
- 24,927
Common Stock
- 592(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]Each share of phantom stock represents the economic equivalent of one share of Summit common stock.
- [F2]Acquired 378 shares of phantom stock through the Company's Director Deferral Plan. Acquired 452 shares of phantom stock through the Summit Community Bank Director Deferral Plan.
- [F3]Shares of phantom stock are payable only in cash following termination of the reporting person's service as a director of Summit.