SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MCARTHUR CHRISTINE

(Last)

(First)

(Middle)

PO BOX 159

(Street)

MCARTHUR

96056

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PLUMAS BANCORP [ PLBC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/28/2005

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common stock	03/28/2005	03/28/2005	X	V	500	A	$7	5,123⁽¹⁾	D⁽¹⁾
Common stock	10/20/2005	10/21/2005	X		2,250	A	$4.6667	9,933⁽²⁾	D⁽²⁾
Common stock	10/20/2005	10/21/2005	X		2,250	A	$10.7533	12,183⁽²⁾	D⁽²⁾
Common stock	10/20/2005	10/21/2005	X		563	A	$13.1933	12,746⁽²⁾	D⁽²⁾
Common stock	10/24/2005	10/27/2005	S	V	400	D	$23	12,346⁽²⁾	D⁽²⁾
Common stock	10/24/2005	10/27/2005	S	V	100	D	$23.03	12,246⁽²⁾	D⁽²⁾
Common stock	10/25/2005	10/28/2005	S	V	100	D	$23	12,146⁽²⁾	D⁽²⁾
Common stock	11/02/2005	11/07/2005	S	V	150	D	$23	11,996⁽²⁾	D⁽²⁾
Common stock	11/03/2005	11/08/2005	S	V	400	D	$23	11,596⁽²⁾	D⁽²⁾
Common stock	11/07/2005	11/10/2005	S	V	399	D	$23	11,197⁽²⁾	D⁽²⁾
Common stock	11/08/2005	11/14/2005	S		1,201	D	$23	9,996⁽²⁾	D⁽²⁾
Common stock	11/11/2005	11/16/2005	S	V	5	D	$23	9,991⁽²⁾	D⁽²⁾
Common stock	11/14/2005	11/17/2005	S	V	3	D	$23	9,988⁽²⁾	D⁽²⁾
Common stock	11/15/2005	11/18/2005	S		630	D	$23	9,358⁽²⁾	D⁽²⁾
Common stock	11/22/2005	11/28/2005	S		1,408	D	$21.89	7,950⁽³⁾	D⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option to buy common stock	$7	03/30/2005	03/30/2005	X	V		500	06/21/2002	08/16/2010	Common stock	500	$7	9,000	D
Option to buy common stock	$4.6667	10/20/2005	10/21/2005	X			2,250	06/21/2002	08/16/2010	Common stock	2,250	$4.6667	11,249	D
Option to buy common stock	$10.7533	10/20/2005	10/21/2005	X			2,250	06/21/2002	08/16/2010	Common stock	2,250	$10.7533	8,999	D
Option to buy common stock	$13.1933	10/20/2005	10/21/2005	X			563	06/21/2002	08/16/2010	Common stock	563	$13.1933	8,436⁽⁴⁾	D

Explanation of Responses:

1. 4,173 shares, ownership - direct 600 shares, ownership - indirect via ITF minor children 175 shares, ownership - indirect via self-direct IRA 175 shares, ownership - indirect via Spouse's self-directed IRA

2. Combination of direct and indirect holdings, see final breakdown in footnote 3 below

3. 6,526 shares*, ownership - direct 900 shares*, ownership - indirect via ITF minor children 262 shares*, ownership - indirect via self-directed IRA 262 shares*, ownership - indirect via Spouse's self-directed IRA * also reflects 3-for-2 stock split that occured on 9/16/2005

4. 8,436 options* currently not vested and not exercisable *also reflects 3-for-2 stock split that occued on 9/16/2005

	Christine McArthur	02/03/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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