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 *
WITT W LEWIS
2. Issuer Name and Ticker or Trading Symbol
HAMPTON ROADS BANKSHARES INC [HMPR]
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)

999 WATERSIDE DRIVE, SUITE 200
3. Date of Earliest Transaction (Month/Day/Year)
09/27/2012
(Street)

NORFOLK, VA 23510
(City)
(State)
(Zip)
4. If Amendment, Date Original Filed(Month/Day/Year)
10/01/2012
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

09/27/2012 M 71,429A $0.793,331D 

Common Stock

09/27/2012 M 3,171A $0.73,979I

By Inner-View Ltd., of which Mr. Witt is owner and President

Common Stock

09/27/2012 M 243A $0.7305I

By TOD Registration account for the benefit of Judith W. Witt

Common Stock

09/27/2012 M 3,926A $0.74,926I

By TOD registration account for the benefit of W. Lewis Witt

Common Stock

       908I

By retirement account for benefit of spouse, Judith W. Witt

Common Stock

       13,427I

By Hampton Roads Bankshares, Inc. Amended and Restated Directors Deferred Compensation Plan

Common Stock

       253I

By retirement account for benefit of W. Lewis Witt

Common Stock

       6,037I

By ROTH IRA for benefit of W. Lewis Witt

Common Stock

       2,100I

BHR Custodian for W. Lewis Witt IRA



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 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

Subscription Rights (right to buy)

$0.709/27/2012 M  71,42905/31/201209/05/2012

Common Stock

71,429 $ 0 0 D 

Subscription Rights (right to buy)

$0.709/27/2012 M  3,17105/31/201209/05/2012

Common Stock

3,171 $ 0 0 I

By Inner-View Ltd., of which Mr. Witt is owner and President

Subscription Rights (right to buy)

$0.709/27/2012 M  24305/31/201209/05/2012

Common Stock

243 $ 0 0 I

By TOD registration account fo the benefit of Judith W. Witt

Subscription Rights (right to buy)

$0.709/27/2012 M  3,92605/31/201209/05/2012

Common Stock

4,926 $ 0 0 I

By TOD registration account fo the benefit of W. Lewis Witt

Remarks:

Exempt exercise of non-transferable subscription rights in a pro rata rights offering by issuer.



Signatures

Thom B. Dix, III, Power of Attorney

12/11/2012
** Signature of Reporting PersonDate
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).
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