PLUMAS BANCORP — Director's Dealing 2006

Nov 8, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLUMAS BANCORP (PLBC)
CIK: 0001168455
Period of Report: 2006-11-08

Reporting Person: BLICKENSTAFF ALVIN G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-08	Common Stock	F	1462	$16.0374	Disposed	70071	Indirect
2006-11-08	Common Stock	M	5625	$10.7533	Acquired	75696	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-08	Option to buy common stock	$10.7533	M	5625	Disposed	2012-12-18	Common Stock (5625)	Direct

Footnotes

F1: 61,547 shares owned indirectly via Blickenstaff Family Trust
5,673 owned indirectly via IRA
2,851 owned indirectly via spouse's IRA

F2: 67,172 shares owned indirectly via Blickenstaff Family Trust
5,673 owned indirectly via IRA
2,851 owned indirectly via spouse's IRA

F3: Options vest equally over a three year period from the option grant date of 12/18/02. Options were fully vested as of 12/18/05