SUMMIT FINANCIAL GROUP INC 4/A
4/A · SUMMIT FINANCIAL GROUP INC · Filed Jul 23, 2015
Insider Transaction Report
Form 4/AAmended
George Georgette R.
Director
Transactions
- Conversion
Common Stock
2015-03-12$4.00/sh+14,750$59,000→ 23,998 total(indirect: By Spouse) - Conversion
8% Non-Cumulative Convertible Preferred Stock, Series 2011
2015-03-12−14,750→ 0 total(indirect: By Spouse)Exercise: $4.00From: 2012-03-01Exp: 2021-06-01→ Common Stock (14,750 underlying) - Conversion
Common Stock
2015-03-12$5.50/sh+18,181$99,996→ 18,181 total(indirect: By Sellaro Enterprises, Inc.) - Conversion
8% Non-Cumulative Convertible Preferred Stock, Series 2009
2015-03-12−18,181→ 0 total(indirect: By Sellaro Enterprises, Inc.)Exercise: $5.50From: 2010-03-01Exp: 2019-06-01→ Common Stock (18,181 underlying) - Conversion
Common Stock
2015-03-12$5.50/sh+18,181$99,996→ 42,179 total(indirect: By Spouse)
Footnotes (3)
- [F1]The 2009 Series Preferred Stock and 2011 Series Preferred Stock converted to Common Stock on 3/12/2015.
- [F2]On March 12, 2015, the reporting person filed a Form 4 reporting the acquisition of 12,500 shares of Summit Stock as a result of the conversion of Summit preferred stock. The correct number was 14,750. The reporting person also did not report the indirect ownership of 18,181 shares of Summit Common stock acquired in the preferred stock conversion by Sellaro Enterprises, Inc., a company controlled by her spouse.
- [F3]This amendment is to correct the number of securities beneficially owned following the reported transaction from 39,929 to 42,179.