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SIERRA BANCORP Director's Dealing 2008

Oct 31, 2008

33049_dirs_2008-10-31_8ece6219-da50-4347-9bd4-3e3c086bc7ef.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIERRA BANCORP (BSRR)
CIK: 0001130144
Period of Report: 2008-10-30

Reporting Person: FIELDS ROBERT L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-10-30 Common Stock S 1182 $21.22 Disposed 188194.00 Indirect
2008-10-30 Common Stock S 3818 $21.10 Disposed 184376.00 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 341573.00 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option $31.70 2016-11-16 Common Stock (2500.00) 2500.00 Direct
Stock Option $26.58 2018-11-15 Common Stock (2500.00) 2500.00 Direct