This represents Common Stock earned pursuant to the Performance Award Agreement dated February 17, 2011. On March 11, 2014, 947 shares were delivered to the reporting person and 631 shares were withheld to cover tax liability.
Performance stock units vested on December 31, 2013 in accordance with the Performance Award Agreement. Each performance stock unit is the equivalent of one share of FBSS common stock.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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Other recent filings from the company include the following:
Fauquier Bankshares's EVP & CFO just disposed of 250 shares - Oct. 1, 2014