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

Role
EVP/Chief Banking Officer
Signature
/s/ Michael Olague
Issuer symbol
BSRR
Transactions as of
20 Aug 2024
Net transactions value
-$66,771
Form type
4
Filing time
21 Aug 2024, 18:41:37 UTC
Previous filing
29 Jul 2024
Next filing
20 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSRR Common Stock Options Exercise $81,750 +5,000 +48% $16.35 15,507 20 Aug 2024 Direct
transaction BSRR Common Stock Sale $85,820 -3,098 -20% $27.70 12,409 20 Aug 2024 Direct F1
transaction BSRR Common Stock Tax liability $62,701 -2,253 -9% $27.83 22,879 20 Aug 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 -5,000 -100% $0.000000 0 20 Aug 2024 Common Stock 5,000 $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.