X0306 5/A 2015-12-31 2015-12-31 0 0 0 0001093672 PEOPLES BANCORP OF NORTH CAROLINA INC PEBK 0001284479 LINEBERGER JOHN W JR 518 WEST C STREET NEWTON NC 28658 1 0 0 0 Common Stock 2015-02-19 5 A 0 375 18.00 A 2326 D Restricted Stock Units 2012-03-22 5 A 0 810 0 A 2017-03-22 Common Stock 810 810 D Restricted Stock Units 2013-05-23 5 A 0 810 0 A 2017-05-23 Common Stock 810 810 D Restricted Stock Units 2014-02-20 5 A 0 650 0 A 2017-02-20 Common Stock 650 650 D Restricted Stock Units 2015-02-19 5 A 0 375 0 A 2019-02-19 Common Stock 375 375 D The Restricted Stock Units ("RSUs") reported herein were previously reported in Table I on Form 4 or Form 5 filed with the SEC on the applicable grant date or at year end. The purpose of this Amendment is to remove the RSUs from Table I and report them instead in Table II. The revised number of Non-Derivative Securities is disclosed in Table I. Each RSU represents the contingent right to receive either one share of common stock or a cash payment equal to the fair market value of one share of Common Stock, in each case upon vesting of the RSU and in accordance with the terms of the RSU Award Agreement. RSUs granted on 03/22/2012 vest 100% on 03/22/2017. Upon vesting, the reporting person will receive 1/3 of the RSUs in the form of cash and 2/3 in the form of shares of Common Stock. RSUs granted on 5/23/2013 vest 100% on 5/23/2017. Upon vesting, the reporting person will receive 1/3 of the RSUs in the form of cash and 2/3 in the form of shares of Common Stock. RSUs granted on 2/20/2014 vest 100% on 2/20/2017. Upon vesting, the reporting person will receive 1/3 of the RSUs in the form of cash and 2/3 in the form of shares of Common Stock. RSUs granted on 2/19/2015 vest 100% on 2/19/2019. Upon vesting, the reporting person will receive 1/3 of the RSUs in the form of cash and 2/3 in the form of shares of Common Stock. No Expiration Date. John W. Lineberger, Jr. 2017-02-15