SIERRA BANCORP — Director's Dealing 2018

Jan 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIERRA BANCORP (BSRR)
CIK: 0001130144
Period of Report: 2018-01-25

Reporting Person: TAYLOR KENNETH (EVP/Chief Financial Ofcr)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-25	Common Stock	M	2000	$19.19	Acquired	25300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-25	Stock Options	$19.19	M	2000	Disposed	2018-11-20	Common Stock (2000)	Direct

Footnotes

F1: Represents date on which first installment of the reported option becomes exercisable. All options reported become cumulatively exercisable in installments of 20% per year commencing one year from the date of grant and ending five years before the expiration of the option.