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 OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Boyd C Rodes Jr
2. Issuer Name and Ticker or Trading Symbol

BLUE RIDGE BANKSHARES, INC. [ BRBS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Executive Vice President
(Last)          (First)          (Middle)

17 WEST MAIN STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

1/31/2021
(Street)

LURAY, VA 22835
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 1/31/2021  A  6783 A (1)6783 D  
Common Stock 2/1/2021  A  7000 (2)A$0 13783 D  
Common Stock 3/16/2021  D  6513 D$213991 (3)7270 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy) $20.70 1/31/2021  A   1250    1/31/2021 12/7/2027 Common Stock 1250  (4)1250 D  
Stock Option (right to buy) $16.20 1/31/2021  A   1250    1/31/2021 12/7/2021 Common Stock 1250  (5)1250 D  

Explanation of Responses:
(1) Received in exchange for 13,567 shares of Bay Banks of Virginia, Inc. ("Bay Banks") common stock in connection with the merger of Bay Banks with and into Blue Ridge Bankshares, Inc. ("Blue Ridge") effective January 31, 2021 (the "Merger"). At the effective time of the Merger at 7:00 p.m. on January 31, 2021 (the "Effective Time"), each outstanding share of common stock of Bay Banks converted into the right to receive 0.5000 shares of Blue Ridge common stock. On January 29, 2021, the last trading day before the Effective Time, the closing price of Bay Banks' common stock was $9.50 per share and the closing price of Blue Ridge's common stock was $18.83 per share. All fractional share holdings were paid in cash.
(2) Award of time-based restricted stock, per employment agreement, subject to a vesting schedule.
(3) The price reported in Column 4 is a weighted average price. These shares were sold in 47 transactions at prices of $21.43, $21.37, $21.36, $21.425, $21.30, $21.35, $21.4029, $21.47, $21.48, $21.42, $21.465, $21.38, and $21.41.
(4) Received in the Merger in exchange for stock options to acquire 2,500 shares of Bay Banks common stock for $10.35 per share.
(5) Received in the Merger in exchange for stock options to acquire 2,500 shares of Bay Banks common stock for $8.10 per share.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Boyd C Rodes Jr
17 WEST MAIN STREET
LURAY, VA 22835


Executive Vice President

Signatures
/s/ C. Rodes Boyd, Jr3/19/2021
**Signature of Reporting PersonDate

Blue Ridge Bancshares (AMEX:BRBS)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Blue Ridge Bancshares Charts.
Blue Ridge Bancshares (AMEX:BRBS)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Blue Ridge Bancshares Charts.