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
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Felton Larry L
2. Issuer Name and Ticker or Trading Symbol

First Bankshares, Inc. [ SUFB ]
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)

C/O FIRST BANKSHARES, INC., 3535 BRIDGE ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

8/6/2007
(Street)

SUFFOLK, VA 23435
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

8/7/2007 
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) 8/6/2007     P    138   A $8.25   32039   (2) D  
 
Common Stock   (1) 8/6/2007     P    200   A $8.46   32239   (2) D  
 
Common Stock   (1) 8/6/2007     P    662   A $8.47   32901   (2) 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 Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. 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 Date 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 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

Explanation of Responses:
( 1)  The original Form 4 reported shares of SuffolkFirst Bank held by Mr. Felton. On August 15, 2008, First Bankshares, Inc. became the successor of SuffolkFirst Bank pursuant to a one-for-one share exchange. The share exchange resulted in First Bankshares, Inc. becoming the parent holding company of SuffolkFirst Bank, but did not alter the proportionate interests of security holders.
( 2)  The original Form 4 inadvertently reported that Mr. Felton owned 28,000 shares before the 10% stock split paid on January 31, 2007. Mr. Felton actually owned 29,000 shares before the 10% stock split paid on January 31, 2007. This left Mr. Felton with 31,901 shares before these purchase transactions totaling 1,000 shares on August 6, 2007. After this, Mr. Felton has 32,901 shares in direct ownership.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Felton Larry L
C/O FIRST BANKSHARES, INC.
3535 BRIDGE ROAD
SUFFOLK, VA 23435
X



Signatures
Susan S. Ancarrow, as attorney-in-fact for Larry L. Felton 2/20/2009
** 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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