Hugh F. Boyle - 13 Feb 2025 Form 4 Insider Report for SIERRA BANCORP (BSRR)

Signature
Hugh F Boyle
Issuer symbol
BSRR
Transactions as of
13 Feb 2025
Net transactions value
$0
Form type
4
Filing time
14 Feb 2025, 19:23:08 UTC
Previous filing
31 Jan 2025
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSRR Common Stock Award $0 +4,237 +14% $0.000000 33,658 13 Feb 2025 Direct F1
transaction BSRR Common Stock Award $0 +1,412 +4.2% $0.000000 35,070 13 Feb 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of time-based restricted stock pursuant to a grant under the Issuer's 2023 Equity Incentive Plan that vest ratably over three years, subject to forfeiture upon the occurrence of certain events specified in the agreement underlying such grant.
F2 Represents an award of performance-based restricted stock pursuant to a grant under the Issuer's 2023 Equity Incentive Plan, subject to forfeiture upon the occurrence of certain events specified in the agreement underlying such grant. The number of shares vesting at the end of three years will be calculated based upon the level of achievement of the performance goal specified in the agreement underlying such grant.