SEC Form 4 · accession 0001127602-19-007308
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
Feb 19, 2019
Accepted (ET)
Feb 20, 2019 · 6:59 pm EST
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 | Feb 19, 2019 | M | 9,647 | $16.55 | A | 23,076 | D | |
| Common Stock | Feb 19, 2019 | S | 9,647 | $27.3676 | D | 13,429 | D | |
| Common Stock | Feb 20, 2019 | M | 5,353 | $16.55 | A | 18,782 | D | |
| Common Stock | Feb 20, 2019 | S | 5,353 | $27.0915 | D | 13,429 | D | |
| Common Stock | Feb 20, 2019 | M | 416 | $10.21 | A | 13,845 | D | |
| Common Stock | Feb 20, 2019 | M | 3,354 | $10.58 | A | 17,199 | 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 | $16.55 | Feb 19, 2019 | M | 9,647 | D | Apr 23, 2016 | Apr 23, 2025 | Common Stock | 9,647 | 15,353 | D |
| Stock OptionsF1 | $16.55 | Feb 20, 2019 | M | 5,353 | D | Apr 23, 2016 | Apr 23, 2025 | Common Stock | 5,353 | 10,000 | D |
| Stock Options | $10.21 | Feb 20, 2019 | M | 416 | D | Nov 15, 2012 | Nov 15, 2022 | Common Stock | 416 | 0 | D |
| Stock OptionsF2 | $10.58 | Feb 20, 2019 | M | 3,354 | D | Nov 17, 2012 | Nov 20, 2020 | Common Stock | 3,354 | 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.
- 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.