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 *

Boike Douglas G
2. Issuer Name and Ticker or Trading Symbol

Oak Ridge Financial Services, Inc. [ BKOR ]
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)

PO BOX 2
3. Date of Earliest Transaction (MM/DD/YYYY)

11/15/2010
(Street)

OAK RIDGE, NC 27310
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

11/23/2010 
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                  1000   I   Wife's IRA  
Common Stpock                  1250   I   Wife as Custodial for Son  
Common Stock                  1713   (2) D    
Common Stock   11/15/2010   11/15/2010   P    100   A $4.8   32045   I   IRA  
Common Stock   11/15/2010   11/15/2010   P    200   A $4.83   32245   I   IRA  
Common Stock   11/15/2010   11/15/2010   P    200   A $4.839   32445   I   IRA  

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
Stock Option   $8.80   (1)                  12/20/2005   4/30/2011   Common Stock   6723   (1)   6723   D    
Stock Option   $10.4   (1)                  12/20/2005   8/19/2013   Common Stock   3438   (1)   10161   D    
Stock Option   $10   (1)                  12/20/2005   8/18/2014   Common Stock   8750   (1)   18911   D    
Stock Option   $11.2                    12/20/2005   12/20/2015   Common Stock   2704   (1)   21615   D    
Commopn Stock   $4.82   8/19/2010   8/19/2010   A      3000       8/19/2010   8/19/2020   Common Stock   3000   $4.82   24615   D    

Explanation of Responses:
( 1)  As adjusted for stock dividend
( 2)  Of the 1713 shares in this column, 463 are restricted shares and will vest on May 11, 2011 so long as Mr. Boike remains a director of the Company.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Boike Douglas G
PO BOX 2
OAK RIDGE, NC 27310
X



Signatures
/s/ Douglas Boike 11/30/2010
** 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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