Kevin J. McPhaill - Nov 16, 2024 Form 4 Insider Report for SIERRA BANCORP (BSRR)

Signature
/s/ Kevin J. McPhaill
Stock symbol
BSRR
Transactions as of
Nov 16, 2024
Transactions value $
-$118,894
Form type
4
Date filed
11/20/2024, 07:39 PM
Previous filing
Aug 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSRR Common Stock Tax liability -$35.1K -1.12K -2.02% $31.33 54.2K Nov 16, 2024 Direct F1
transaction BSRR Common Stock Tax liability -$41K -1.32K -2.44% $31.00 52.9K Nov 18, 2024 Direct F2
transaction BSRR Common Stock Tax liability -$30.7K -991 -1.87% $31.00 51.9K Nov 18, 2024 Direct F3
transaction BSRR Common Stock Tax liability -$12.1K -389 -0.75% $31.06 51.5K Nov 19, 2024 Direct F4
holding BSRR Common Stock 20.7K Nov 16, 2024 Direct
* 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 2,301 target shares and 1,150 excess shares for exceeding performance targets. The performance awards vesting on November 19, 2024, included 308 shares of the 1,150 total excess performance shares granted. The remaining 842 shares of excess performance awards granted were not earned and did not vest because the remaining performance criteria were not achieved and thus, those 842 shares were forfeited on November 19, 2024.