COOKMAN JAMES M 4
4 · SUMMIT FINANCIAL GROUP, INC. · Filed Jan 6, 2022
Insider Transaction Report
Form 4
COOKMAN JAMES M
Director
Transactions
- Discretionary Transaction
Phanton Stock
2022-01-01−3,657.65→ 6,011.9 total→ Common Stock (3,657.65 underlying)
Holdings
- 26,210
Common Stock
Footnotes (2)
- [F1]Each share of phantom stock represents the economic equivalent of one share of Summit common stock. The shares of phantom stock are payable only in cash following termination of the reporting person's service as a director of Summit and may be transferred into an alternative investment account at any time.
- [F2]The reporting person transferred the value of 3,657.65 shares of phantom stock held under Summit's Director Deferred Compensation Plan to alternative investment accounts in the plan. The transfer resulted in the reinvestment of $27.34 for each share of phantom stock.