Hugh F. Boyle - Nov 16, 2024 Form 4 Insider Report for SIERRA BANCORP (BSRR)

Signature
Hugh F Boyle
Stock symbol
BSRR
Transactions as of
Nov 16, 2024
Transactions value $
-$71,343
Form type
4
Date filed
11/20/2024, 07:01 PM
Previous filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSRR Common Stock Tax liability -$21.1K -672 -2.09% $31.33 31.5K Nov 16, 2024 Direct F1
transaction BSRR Common Stock Tax liability -$24.6K -794 -2.52% $31.00 30.8K Nov 18, 2024 Direct F2
transaction BSRR Common Stock Tax liability -$18.4K -594 -1.93% $31.00 30.2K Nov 18, 2024 Direct F3
transaction BSRR Common Stock Tax liability -$7.27K -234 -0.78% $31.06 29.9K Nov 19, 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously awarded shares of restricted stock.
F2 Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously awarded shares of restricted stock.
F3 Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of previously awarded shares of restricted stock.
F4 The performance awards issued on November 19, 2021, included 1,380 target shares and 691 excess shares for exceeding performance targets. The performance awards vesting on November 19, 2024, included 185 shares of the 691 total excess performance shares granted. The remaining 506 shares of excess performance awards granted were not earned and did not vest because the remaining performance criteria were not achieved and thus, those 506 shares were forfeited on November 19, 2024.