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PLUMAS BANCORP Director's Dealing 2007

Feb 1, 2007

33326_dirs_2007-01-31_4b08c003-72bf-42d6-90f1-ed1c326d6c7d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLUMAS BANCORP (PLBC)
CIK: 0001168455
Period of Report: 2007-01-31

Reporting Person: RYBACK ANDREW J (EVP & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-01-31 Common stock M 2500 $5.4311 Acquired 8828 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-01-31 Option to buy common stock $5.3411 M 2500 Disposed 2011-10-17 Common stock (2500) Direct

Footnotes

F1: 5,500 shares, ownership - direct
3,328 shares, ownership - indirect via self-directed 401k Plan

Increase in indirect holdings result of 2006 401k Plan contirbutions.

F2: 13,512 options currently vested and exercisable and 5,737 options currently not vested and therefore not exercisable.