Kevin J. McPhaill - 25 Jul 2024 Form 4 Insider Report for SIERRA BANCORP (BSRR)

Signature
/s/ Kevin J. McPhaill
Issuer symbol
BSRR
Transactions as of
25 Jul 2024
Net transactions value
-$70,328
Form type
4
Filing time
29 Jul 2024, 17:13:46 UTC
Previous filing
20 Nov 2023
Next filing
21 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSRR Common Stock Options Exercise $49,145 +2,849 +17% $17.25 20,048 25 Jul 2024 Direct
transaction BSRR Common Stock Options Exercise $3,558 +215 +1.1% $16.55 20,263 25 Jul 2024 Direct
transaction BSRR Common Stock Sale $97,248 -3,064 -15% $31.74 17,199 25 Jul 2024 Direct
transaction BSRR Common Stock Options Exercise $161,942 +9,785 +57% $16.55 26,984 26 Jul 2024 Direct
transaction BSRR Common Stock Sale $187,726 -6,285 -23% $29.87 20,699 26 Jul 2024 Direct
holding BSRR Common Stock 58,717 25 Jul 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BSRR Stock Options Options Exercise $0 -2,849 -100% $0.000000* 0 25 Jul 2024 Common Stock 2,849 $17.25 Direct
transaction BSRR Stock Options Options Exercise $0 -215 -2.2% $0.000000 9,785 25 Jul 2024 Common Stock 215 $16.55 Direct F1
transaction BSRR Stock Options Options Exercise $0 -9,785 -100% $0.000000* 0 26 Jul 2024 Common Stock 9,785 $16.55 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents date on which first installment of the reported option becomes exercisable. All options reported become cumulatively exercisable in installments of 20% per year commencing one year from the date of grant and ending five years before the expiration of the option.

Remarks:

Exercised 12,849 options and sold 9,349 to cover option price and related taxes.