SEC Form 4

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(f) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Emmett, David A. (Last) (First) (Middle) 503 Airport Road (Street) Medford, OR 97501 (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol PremierWest Bancorp PRWT 3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary) 4. Statement for (Month/Year) ~~September~~October 1611, 2002 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer Other Officer/Other Description 7. Individual or Joint/Group Filing (Check Applicable Line) X Individual Filing Joint/Group Filing

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	3. Transaction Code and Voluntary Code (Instr. 8) Code \| V	4. Securities Acquired (A) or Disposed (D) Of (Instr. 3, 4, and 5) Amount \| A/D \| Price	5. Amount of Securities Beneficially Owned at End ofMonth (Instr. 3 and 4)	6. Owner- ship Form: Direct(D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/09/~~12/~~2002	PM \|	117,~~500~~384 \| A \| $63.~~750~~800	318,~~600~~470	ID	~~By IRA~~
Common Stock				13,~~086~~600	DI	By IRA
Common Stock				9,126	I	E.T. Investments (1)

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).

(over)
SEC 1474 (3-99)

Emmett, David A. - ~~September~~October 1611, 2002

Form 4 (continued)

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. Conver- sion or Exercise Price of Deri- vative Security	3. Transaction Date (Month/ Day/ Year)	4. Transaction Code and Voluntary (V) Code (Instr.8) Code \| V	5. Number of Derivative Securities Acquired (A) or Disposed (D) Of (Instr. 3,4 and 5)	6. Date Exercisable(DE) and Expiration Date(ED) (Month/Day/Year) (DE) \| (ED)	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 at End of Month (Instr.4)	10.Owner-shipForm ofDeriv-ativeSecurity:Direct(D)orIndirect(I)	11. Nature of Indirect Beneficial Ownership (Instr.4)
Stock Option (40199) (right to buy)	$3.800				04/10/1999 \| 04/01/2009	Common Stock - 17,384		17,384	D
Stock Option (06/02) Right to Buy	$7.060	06/20/2002	A \| V	(A) 1,500	12/23/2002 \| 06/20/2012	Common Stock - 1,500		1,500	D
Stock Option (40199) (right to buy)	$3.800	10/09/2002	M \|	(D) 17,384	04/10/1999 \| 04/01/2009	Common Stock - 17,384		0	D

Explanation of Responses :

** 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. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. ~~By:~~/s/ Gordon ~~Crim_______________________~~Crim 0910-1611-2002 ** Signature of Reporting Person Date Gordon Crim, Attorney in Fact for David A. Emmett Page 2SEC 1474 (3-99)

Emmett, David A. - ~~September~~October 1611, 2002

Form 4 (continued)

FOOTNOTE Descriptions for PremierWest Bancorp PRWT Form 4 - ~~September~~October 1611, 2002 David A. Emmett503 Airport RoadMedford, OR 97501 Explanation of responses: (1) This entity is controlled by Mr. Emmett and he has elected to report his ownership on an aggregate basis and disclaims any interest in those shares in which he does not own a pecuniary interest.

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