Glen W. Brown - May 19, 2021 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role
SVP & Chief Financial Officer
Signature
/s/Glen W. Brown
Stock symbol
HFBL
Transactions as of
May 19, 2021
Transactions value $
-$12,999
Form type
4
Date filed
5/20/2021, 01:13 PM
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Sale -$13K -700 -9.93% $18.57 6.35K May 20, 2021 Direct F1, F2
holding HFBL Common Stock 1.89K May 19, 2021 By 401(k) Plan F1, F3
holding HFBL Common Stock 5.98K May 19, 2021 By ESOP F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding HFBL Employee Stock Option (Right to Buy) 4K May 19, 2021 Common Stock 4K $11.86 Direct F4, F5
holding HFBL Employee Stock Option (Right to Buy) 4K May 19, 2021 Common Stock 4K $11.50 Direct F4, F6
holding HFBL Employee Stock Option (Right to Buy) 21K May 19, 2021 Common Stock 21K $9.46 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 31, 2021, the Issuer effected a 2-for-1 stock split. The number of shares reported throughout this Form 4 have been adjusted to reflect the stock split.
F2 Includes 1,000 shares granted pursuant to the 2019 Stock Incentive Plan that vest 20% per year commencing on November 11, 2021.
F3 Reflects fund units which represent share interests and a reserve of cash in the Issuer's 401(k) Plan. Includes units acquired in the Home Federal Bank Employees' Savings Profit Sharing Plan and Trust since the last filed Form 4, based on a report dated May 18, 2021.
F4 In accordance with the terms of the stock option plan and stock incentive plans the exercise price of the options and number of shares subject to the option have been adjusted to reflect the stock split.
F5 The options vest at a rate of 20% per year commencing on November 11, 2021.
F6 The options vested at a rate of 20% per year commencing on October 26, 2016 and were fully vested and exercisable as of October 26, 2020.
F7 The options vested at a rate of 20% per year commencing on July 31, 2015 and were fully vested and exercisable as of July 31, 2019.