SUMMIT FINANCIAL GROUP INC 4
4 · SUMMIT FINANCIAL GROUP INC · Filed Mar 16, 2015
Insider Transaction Report
Form 4
BENSENHAVER DEWEY F
Director
Transactions
- 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
[F3]2015-03-12−18,181→ 0 totalExercise: $5.50From: 2010-03-01Exp: 2019-06-01→ Common Stock (18,181.81 underlying) - Conversion
8% Non-Cumulative Convertible Preferred Stock, Series 2011
[F3]2015-03-12−12,500→ 0 totalExercise: $4.00From: 2012-03-01Exp: 2021-06-01→ Common Stock (12,500 underlying)
Holdings
- 5,812(indirect: By Spouse)
Common Stock
- 14,820(indirect: By Children)
Common Stock
- 600(indirect: By Children)
Common Stock
- 4,453.31
Phantom Stock
[F1][F2]Exercise: $0.00→ Common Stock (4,453.31 underlying)
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.
Signature
Teresa D. Ely, Lmtd POA Attorney-in-Fact|2015-03-16