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		SEC USE ONLY
		DOCUMENT SEQUENCE NO.
		CUSIP NUMBER
		WORK LOCATION

 

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 144

NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933

ATTENTION:		Transmit for filing 3 copies of this form concurrently with either placing an order with a broker to execute sale or executing a sale directly with a market maker.

1 (a) NAME OF ISSUER (Please type or print)		(b) IRS IDENT. NO.		(c) S.E.C. FILE NO.
FAUQUIER BANKSHARES, INC.		54-1288193		000-25805

1 (d) ADDRESS OF ISSUER

STREET

CITY

STATE

ZIP CODE

(e) TELEPHONE NO.

AREA CODE

NUMBER

P.O. Box 561

WARRENTON

VA

20188-0561

540

347-2700

2 (a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES

(b) IRS IDENT. NO.

(c) RELATIONSHIP TO

(d) ADDRESS STREET

CITY

STATE

ZIP CODE

ARE TO BE SOLD

ISSUER

RANDY K. FERRELL

OFFICER

7138 NORWICH CT. WARRENTON VA 20187

     INSTRUCTION: The person filing this notice should contact the issuer to obtain the I.R.S. Identification Number and the S.E.C. File Number.

3 (a)

(b)

SEC USE ONLY

(c)

(d)

(e)

(f)

(g)

Name and Address of Each

Title of the

Broker Through Whom the

Number of Shares

Aggregate

Number of Shares

Appropriate

Name of Each

Class of

Securities are to be Offered

or Other Units

Market

or Other Units

Date of Sale

Securities

Securities

or Each Market Maker

Broker-Dealer

To Be Sold

Value

Outstanding

(See instr. 3(f))

Exchange

To Be Sold

who is Acquiring the Securities

File Number

(See instr. 3(c))

(See instr. 3(d))

(See instr. 3(e))

(MO DAY YR)

(See instr. 3(g))

COMMON

BI INVESTMENTS

5,932

$147,766.00

3,447,506

3/22/06

NASDAQ

4490 COX RD.

GLEN ALLEN, VA 23058

INSTRUCTIONS:

1.

(a)

Name of issuer

	(b)		Issuer’s I.R.S. Identification Number
	(c)		Issuer’s S.E.C. file number, if any
	(d)		Issuer’s address, including zip code
	(e)		Issuer’s telephone number, including area code

2.

(a)

Name of person for whose account the securities are to be sold

	(b)		Such person’s I.R.S. identification number, if such person is an entity
	(c)		Such person’s relationship to the issuer (e.g., officer, director, 10% stockholder, or member of immediate family of any of the foregoing)
	(d)		Such person’s address, including zip code

3.

(a)

Title of the class of securities to be sold

	(b)		Name and address of each broker through whom the securities are intended to be sold
	(c)		Number of shares or other units to be sold (if debt securities, give the aggregate face amount)
	(d)		Aggregate market value of the securities to be sold as of a specified date within 10 days prior to the filing of this notice
	(e)		Number of shares or other units of the class outstanding, or if debt securities the face amount thereof outstanding, as shown by the most recent report or statement published by the issuer
	(f)		Approximate date on which the securities are to be sold
	(g)		Name of each securities exchange, if any, on which the securities are intended to be sold

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 control number.

 

 

SEC 1147 (01-04)

TABLE I — SECURITIES TO BE SOLD

Furnish the following information with respect to the acquisition of the securities to be sold
and with respect to the payment of all or any part of the purchase price or other consideration therefor:

Title of

Date you

Name of Person from Whom Acquired

Amount of

Date of

the Class

Acquired

Name of Acquisition Transaction

(If gift, also give date donor acquired)

Securities Acquired

Payment

Nature of Payment

COMMON

3/21/05

EXERCISE OF STOCK OPTION

FAUQUIER BANKSHARES, INC.

5,932

3/21/05

CHECK

INSTRUCTIONS:		If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

TABLE II — SECURITIES SOLD DURING THE PAST 3 MONTHS

      Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

Amount of

Name and Address of Seller

Title of Securities Sold

Date of Sale

Securities Sold

Gross Proceeds

RANDY K. FERRELL

FAUQUIER BANKSHARES, INC.

2/8/06

2,291

$56,587.00

7138 NORWICH CT.

WARRENTON, VA 20187

REMARKS:

INSTRUCTIONS:

See the definition of “person” in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

2/28/06
DATE OF NOTICE

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed.

/s/ Randy K. Ferrell
(SIGNATURE)

SEC 1147 (01-04)