SEC Form 4 · accession 0001127602-18-027122
SIERRA BANCORP · BSRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James F Gardunio
Officer — EVP/Chief Credit Officer
Period of report
Sep 7, 2018
Accepted (ET)
Sep 7, 2018 · 5:47 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 | Sep 7, 2018 | M | 2,000 | $19.19 | A | 2,000 | D | |
| Common Stock | Sep 7, 2018 | S | 2,000 | $30.2165 | D | 0 | 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 | $19.19 | Sep 7, 2018 | M | 2,000 | D | Nov 20, 2009 | Nov 20, 2018 | Common Stock | 2,000 | 0 | D |
Explanation of responses
- F1Represents 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.
Remarks
Stock sales occurred in multiple transactions at prices ranging from $30.21 and $30.255, with a weighted average price of $30.2165.