Sec Form 4 Filing - BENSENHAVER DEWEY F @ SUMMIT FINANCIAL GROUP INC - 2017-03-03

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person BENSENHAVER DEWEY F 2. Issuer Name and Ticker or Trading Symbol SUMMIT FINANCIAL GROUP INC [ SMMF] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 100 HOSPITAL DR., STE. 1 3. Date of Earliest Transaction (MM/DD/YY) 03/03/2017 (Street) PETERSBURG, WV26847 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/03/2017 G 3,449 D $ 0 56,342 D Common Stock 3,136 I By Wife Common Stock 03/03/2017 J V 14,820 ( 3 ) D $ 0 0 I By children Common Stock 03/03/2017 G 600 ( 4 ) D $ 0 0 I by self as Cust for children

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Phantom Stock $ 0 ( 1 ) ( 2 ) ( 2 ) Common Stock 4,453.31 4,453.31 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other BENSENHAVER DEWEY F 100 HOSPITAL DR., STE. 1 PETERSBURG, WV26847 X Signatures Teresa D. Ely, Lmtd POA Attorney-in-Fact 03/08/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Each share of phantom stock represents the economic equivalent of one share of Summit common stock. ( 2 )Shares of phantom stock are payable only in cash following termination of the reporting person's service as a director of Summit. ( 3 )The reporting person no longer has a reportable interest in these shares owned by his adult children and included in the reporting person's prior ownership reports. The reporting person will no longer report these shares for purposes of Section 16. ( 4 )This transaction involves a gift by the reporting person to his son who no longer shares the reporting person's household. The reporting person disclaims beneficial ownership of these shares and will no longer report them for purposes of Section 16.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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