SIERRA BANCORP — Director's Dealing 2015

Jan 16, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SIERRA BANCORP (BSRR)
CIK: 0001130144
Period of Report: 2015-01-01

Reporting Person: Olague Michael (EVP/Chief Banking Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3692	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$8.80	2019-11-19	Common Stock (2000)		Direct
Stock Option	$10.73	2020-11-18	Common Stock (1600)		Direct
Stock Option	$10.58	2021-11-17	Common Stock (1200)		Direct
Stock Option	$10.21	2022-11-15	Common Stock (800)		Direct
Stock Option	$16.35	2024-11-20	Common Stock (5000)		Direct

Footnotes

F1: 5 year vesting with first vesting 11/15/2013 and last 11/15/2017

F2: 5 year vesting with first vesting 11/18/2011 and last 11/18/2015

F3: 5 year vesting with first vesting 11/17/2012 and last 11/17/2016