SIERRA BANCORP — Director's Dealing 2020

Jan 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SIERRA BANCORP (BSRR)
CIK: 0001130144
Period of Report: 2020-01-15

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-01-15	Common Stock	M	5000	$10.58	Acquired	38000	Direct
2020-01-15	Common Stock	M	5000	$10.21	Acquired	43000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-15	Stock Options	$10.58	M	5000	Disposed	2020-11-17	Common Stock (5000)	Direct
2020-01-15	Stock Options	$10.21	M	5000	Disposed	2022-11-15	Common Stock (5000)	Direct

Footnotes

F1: Represents date on which first installment of the reported option becomes exercisable. This option will 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.