BAER FRANK A III 4
4 · SUMMIT FINANCIAL GROUP INC · Filed Jun 16, 2009
Insider Transaction Report
Form 4
BAER FRANK A III
Director
Transactions
- Award
Phantom Stock
2009-06-15$5.51/sh+37.6$207→ 3,489.31 totalExercise: $0.00→ Common Stock (3,489.31 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 17.13 shares of phantom stock through the Company's Director Deferral Plan. Acquired 20.47 shares of phantom stock through Summit Community Bank's 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.