OWENS PATRICIA L (Ex. VP & Chief Banking Officer) exercised options at SUMMIT FINANCIAL GROUP, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

OWENS PATRICIA L

Filed: 8/4/2022ACC: 0001567619-22-014963

InsiderOWENS PATRICIA LCIK 1778127

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IssuerSUMMIT FINANCIAL GROUP, INC.CIK 811808

Officer· Ex. VP & Chief Banking Officer

Since May 2019

+3.73K

Net shares

Net buyer

$28.1K

Total sold

Open market trades

0B · 0S

Total transactions

4.68K acquired · 956.00 disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+2.34K

Price / share

$12.01

Trade value

$28.13K

% of position

54.5%

8/3/2022

4.29K→6.64K

Common Stock

Direct

D · Disposition

−956.00

Price / share

$29.43

Trade value

$28.14K

% of position

14.4%

8/3/2022

6.64K→5.68K

Total

Net shares

+1.39K

Net value

-$7.66

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/3/2022	M · Option Exercise	+2.34K	$12.01	$28.13K	54.5%	4.29K	6.64K
Common Stock Direct	8/3/2022	D · Disposition	−956.00	$29.43	$28.14K	14.4%	6.64K	5.68K
Total			+1.39K		-$7.66

Derivative Transactions1

Stock-Settled Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Common Stock

2.34K shares

+2.34K

Strike price

12.01

Held after

Exercisable

—

8/3/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock-Settled Stock Appreciation Rights Direct	Common Stock2.34K shares	8/3/2022	M · Option Exercise	+2.34K	12.01	—	9K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned5.35K

Total

5.35K indirect5.35K

Security Title	Shares Owned	Ownership Type
Common Stock	5.35K	Indirect
Total	5.35K	5.35K indirect

Derivative Holdings (Post-Transaction)3

Stock-Settled Stock Appreciation Rights

Direct

Underlying security

Common Stock

Underlying shares

10.06K

Shares owned

10.06K

Exercise price

23.94

Expiration

—

Exercise window

—

Stock-Settled Stock Appreciation Rights

Direct

Underlying security

Common Stock

Underlying shares

9.94K

Shares owned

9.94K

Exercise price

21.85

Expiration

—

Exercise window

—

Stock-Settled Stock Appreciation Rights

Direct

Underlying security

Common Stock

Underlying shares

4.95K

Shares owned

4.95K

Exercise price

26.01

Expiration

—

Exercise window

—

Total

Underlying

24.95K

Owned

24.95K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock-Settled Stock Appreciation Rights Direct	Common Stock	23.94	—	—	10.06K	10.06K
Stock-Settled Stock Appreciation Rights Direct	Common Stock	21.85	—	—	9.94K	9.94K
Stock-Settled Stock Appreciation Rights Direct	Common Stock	26.01	—	—	4.95K	4.95K
Total					24.95K	24.95K