Sec Form 4 Filing - Cottrell Wellington W. III @ Xenith Bankshares, Inc. - 2017-11-21

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 Cottrell Wellington W. III 2. Issuer Name and Ticker or Trading Symbol Xenith Bankshares, Inc. [ XBKS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) EVP and Chief Credit Officer (Last) (First) (Middle) 901 E. CARY STREET, SUITE 1700 3. Date of Earliest Transaction (MM/DD/YY) 11/21/2017 (Street) RICHMOND, VA23219 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 11/21/2017 M 2,200 A $ 10.3 35,546 D Common Stock 11/21/2017 M 3,300 A $ 8.3 38,846 D Common Stock 11/21/2017 M 7,656 A $ 9.5 46,502 D Common Stock 11/21/2017 M 7,656 A $ 26.2 54,158 D Common Stock 11/21/2017 S 2,816 D $ 32.97 51,342 D Common Stock 11/21/2017 S 1,401 D $ 32.9281 49,941 D

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 Option (right to buy) $ 10.3 11/21/2017 M 2,200 ( 1 ) 04/03/2021 Common Stock 2,200 $ 0 0 D Option (right to buy) $ 8.3 11/21/2017 M 3,300 ( 2 ) 02/22/2022 Common Stock 3,300 $ 0 0 D Option (right to buy) $ 9.5 11/21/2017 M 7,656 ( 3 ) 08/14/2022 Common Stock 7,656 $ 0 0 D Option (right to buy) $ 26.2 11/21/2017 M 7,656 ( 4 ) 05/07/2019 Common Stock 7,656 $ 0 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Cottrell Wellington W. III 901 E. CARY STREET SUITE 1700 RICHMOND, VA23219 EVP and Chief Credit Officer Signatures /s/ Thomas W. Osgood, attorney-in-fact 11/22/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )These options were exercisable in three equal installments on April 4, 2012, April 4, 2013, and April 4, 2014. ( 2 )These options were exercisable in three equal installments on February 23, 2013, February 23, 2014, and February 23, 2015. ( 3 )These options were exercisable in three equal installments on August 14, 2013, August 14, 2014, and August 14, 2015. ( 4 )These options were exercisable in three equal installments on December 22, 2010, December 22, 2011, and December 22, 2012.

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).

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