White Blaine Scott Form 4/A NEW PEOPLES BANKSHARES / Blaine Scott White ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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

1. Name and Address of Reporting Person^*

White Blaine Scott

(Last) (First) (Middle)

NEW PEOPLES BANKSHARES, INC.

67 COMMERCE DRIVE

(Street)

HONAKER VA 24260

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NEW PEOPLES BANKSHARES INC [ NWPP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)
09/20/2012

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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(1)								1,265,470	D
Common Stock	05/26/2020		P		5,474	A	$1.6	414,060	I	Trustee
Common Stock	05/28/2020		P		4,005	A	$1.6	418,065	I	Trustee
Common Stock	06/09/2020		P		7,436	A	$1.6	425,501	I	Trustee
Common Stock(5)	06/10/2020		J	V	195,736	D	$1.6	229,765	I	Trustee
Common Stock(5)	06/11/2020		J	V	109,800	D	$1.6	119,965	I	Trustee
Common Stock(2)	08/27/2020		P		32,000	A	$1.82	151,965	I	Trustee
Common Stock(3)								156,637	I	Trustee
Common Stock(4)								9,056	I	Trustee
Common Stock								172,160	I	Spouse
Common Stock								2,061,666	I	by SBTB L.P.
Common Stock	09/04/2019		P		1,300	A	$1.89	876,142	I	by Sky Investments LLC
Common Stock	09/11/2019		P		858	A	$1.85	877,000	I	by Sky Investments LLC
Common Stock(5)								305,536	I	Trustee

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. This Form 4 amends prior Form 4 Filings where shares held by B. Scott White Trust and IRA fbo B. Scott White were included as part of the direct holdings. As of the most recent Form 4 filed May 29, 2020, shares held by the Trust and IRA totaled 408,586 and 156,637, respectively. As a result of this amendment, direct share holdings are 1,265,470.

2. As trustee for B. Scott White Trust

3. As trustee for IRA fbo B. Scott White

4. As trustee for irrevocable trust for child

5. As trustee for three irrevocable trusts for grandchildren. These trusts were funded with shares from B. Scott White Trust, which transfers are voluntarily reported on this Form 4.

	/s/ John J. Boczar Attorney-in-Fact for B. Scott White	08/31/2020
	** Signature of Reporting Person	Date
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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