SEC Form 4 · accession 0001127602-15-014485
SIERRA BANCORP · BSRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin J McPhaill
Officer — President/CEO
Period of report
Apr 7, 2015
Accepted (ET)
Apr 15, 2015 · 1:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001130144
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 7, 2015 | M | 1,646 | $10.58 | A | 5,646 | D | |
| Common Stock | Apr 7, 2015 | M | 354 | $8.80 | A | 6,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF1,F2 | $10.58 | Apr 7, 2015 | M | 1,646 | D | Nov 17, 2012 | Nov 20, 2020 | Common Stock | 1,646 | 3,354 | D |
| Stock OptionsF1,F2 | $8.80 | Apr 7, 2015 | M | 354 | D | Nov 19, 2009 | Nov 19, 2019 | Common Stock | 354 | 2,230 | D |
Explanation of responses
- F1This filing is late due to the install of new Section 16 software
- F2Represents 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.