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SIERRA BANCORP Director's Dealing 2008

Oct 31, 2008

33049_dirs_2008-10-31_0ff4c83c-30e8-4777-b8e7-d07f4066f7cb.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: SIERRA BANCORP (BSRR)
CIK: 0001130144
Period of Report: 2008-02-15

Reporting Person: FIELDS ROBERT L (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-02-15 Common Stock J 7844 Disposed 347573.00 Direct
2008-02-15 Common Stock G 6000 Disposed 341573.00 Direct
2008-02-15 Common Stock J 189376 Acquired 189376.00 Indirect

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

Footnotes

F1: In 8/07 a correction was made to the Form 4 to reflect the D/O Questionnaire stated amount for 12/31/06. Not taken into consideration was 3,000 shares gifted 2/07. Then in 9/07 several sales occurred & due to clerical error one of the sales was not reflected-4,844 shares sold at $30.19 on 9/19/07 (7,192 shares were also sold that same date and reported by Form 4 that date). Therefore the correct amount that should reflect on the Form 4 is 536,949 as on the D&O Questionnaire for 12/31/07.

F2: Represesnts shares held in an IRA account by the reporting person's spouse. Such shares were previosly reported as directly owned due to an inadvertent error.