Michael Olague - Aug 20, 2024 Form 4 Insider Report for SIERRA BANCORP (BSRR)

Role: EVP/Chief Banking Officer
Signature: /s/ Michael Olague
Stock symbol: BSRR
Transactions as of: Aug 20, 2024
Transactions value $: -$66,771
Form type: 4
Date filed: 8/21/2024, 06:41 PM
Previous filing: Jul 29, 2024
Next filing: Nov 20, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BSRR	Common Stock	Options Exercise	$81.8K	+5K	+47.59%	$16.35	15.5K	Aug 20, 2024	Direct
transaction	BSRR	Common Stock	Sale	-$85.8K	-3.1K	-19.98%	$27.70	12.4K	Aug 20, 2024	Direct	F1
transaction	BSRR	Common Stock	Tax liability	-$62.7K	-2.25K	-8.96%	$27.83	22.9K	Aug 20, 2024	Direct	F2

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	-5K	-100%	$0.00	0	Aug 20, 2024	Common Stock	5K	$16.35	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares sold to cover option price and taxes related to the vesting of stock options.
F2	Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously awarded shares of restricted stock.