James R. Barlow - 19 May 2021 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role
Chairman, President & CEO***, Director
Signature
/s/James R. Barlow
Issuer symbol
HFBL
Transactions as of
19 May 2021
Net transactions value
-$4,244
Form type
4
Filing time
20 May 2021, 14:31:10 UTC
Next filing
15 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Sale $4,244 -205 -0.26% $20.70 77,377 19 May 2021 Direct F1, F2
holding HFBL Common Stock 28,460 19 May 2021 By IRA F1
holding HFBL Common Stock 1,100 19 May 2021 By Spouse F1
holding HFBL Common Stock 35,214 19 May 2021 By 401(k) Plan F1, F3
holding HFBL Common Stock 17,116 19 May 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) 20,000 19 May 2021 Common Stock 20,000 $11.86 Direct F4, F5
holding HFBL Employee Stock Option (Right to Buy) 20,000 19 May 2021 Common Stock 20,000 $11.50 Direct F4, F6
holding HFBL Employee Stock Option (Right to Buy) 4,266 19 May 2021 Common Stock 4,266 $9.46 Direct F4, F7
holding HFBL Employee Stock Option (Right to Buy) 97,260 19 May 2021 Common Stock 97,260 $7.35 Direct F4, F8
* 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 15,000 shares granted pursuant to the 2019 Stock Incentive Plan that vest 20% per year commencing on November 11, 2021 and 6,473 shares held jointly with the reporting person's spouse.
F3 Reflects 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 and Profit Sharing Plan and Trust since the last filed Form 4, based on a report dated May 18, 2021.
F4 In accordance wth 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.
F8 The options vested at a rate of 20% per year commencing on January 31, 2013 and were fully vested and exercisable as of January 31, 2017.

Remarks:

*** Also serves as Chairman of the Board, President and Chief Executive Officer of the Issuer's wholly owned subsidiary, Home Federal Bank.