HUFFMAN GERALD W 4
4 · SUMMIT FINANCIAL GROUP INC · Filed Dec 31, 2009
Insider Transaction Report
Form 4
HUFFMAN GERALD W
Director
Transactions
- Purchase
Phantom Stock
2009-12-30$3.95/sh+468.35$1,850→ 5,834.53 totalExercise: $0.00→ Common Stock (5,834.53 underlying)
Holdings
- 60,000
Common Stock
- 100
8% Non-Cumulative Convertible Preferred Stock Series 2009
Exercise: $5.50From: 2010-03-01Exp: 2019-06-01→ Common Stock (18,181.81 underlying)
Footnotes (4)
- [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 may be converted at the holder's option on any dividend payment date.
- [F4]Acquired 468.35 shares of phantom stock through the Company's Director Deferral Plan.