Home > Insider Trading > Filing (0001181431-14-004113)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1163389	New Peoples Bankshares Inc	NWPP	State Commercial Banks (6022)	311804543

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1446659	G Richard Preservati	P.o. Box 1003 Princeton WV 24740		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2014-01-24	2,533,333	$1.50	0	No	4	S	Direct
Common Stock	Acquisiton	2014-01-24	2,533,333	$1.50	2,533,333	No	4	P	Indirect	General Partner

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	P	Indirect	General Partner

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Common Stock Warrant	$1.75	2012-12-20	2017-12-20	506,666	506,666	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2017-12-20	506,666	506,666	Direct

Footnotes

Reporting person sold 2,533,333 shares of common stock to Family's Future IV Limited Partnership, but maintains beneficial ownership of the securities as the sole general partner of the Limited Partnership who, as such, maintains sole voting and investment control. Reporting Person as general partner maintains a 1% pecuniary interest in the securities sold to the Limited Partnership and the Richard G and N Karen Preservati Grandchildren's Trust as the limited partner has a 99% pecuniary interest in the securities.