Headly Christine Edwards 4
4 · FAUQUIER BANKSHARES, INC. · Filed Mar 29, 2021
Insider Transaction Report
Form 4
Headly Christine Edwards
EVP & Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2021-03-25$20.70/sh−1,145$23,702→ 10,130.214 total - Exercise/Conversion
Common Stock
2021-03-25+2,290→ 11,275.214 total - Exercise/Conversion
Performance Stock Units
2021-03-25−1,097→ 0 total→ Common Stock (1,097 underlying) - Exercise/Conversion
Performance Stock Units
2021-03-25−1,193→ 0 total→ Common Stock (1,193 underlying)
Footnotes (1)
- [F1]In connection with the pending merger of Fauquier Bankshares, Inc. (the Company) with Virginia National Bankshares Corporation, performance stock unit awards granted to the reporting person in 2019 and 2020 originally scheduled to vest on December 31, 2021 and December 31, 2022, respectively, vested on March 25, 2021. Each performance stock unit is the equivalent of one share of the Company's common stock. Upon vesting, 1,145 of the reporting person's performance stock units were settled for cash and the remaining 1,145 were settled for an equal number of shares of the Company's common stock.