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

Role
Chairman, President & CEO***, Director
Signature
/s/James R. Barlow
Stock symbol
HFBL
Transactions as of
May 19, 2021
Transactions value $
-$4,244
Form type
4
Date filed
5/24/2021, 10:18 AM
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 -$4.24K -205 -0.26% $20.70 77.4K May 19, 2021 Direct F1, F2
holding HFBL Common Stock 28.5K May 19, 2021 By IRA F1
holding HFBL Common Stock 1.1K May 19, 2021 By Spouse F1
holding HFBL Common Stock 35.2K May 19, 2021 By 401(k) Plan F1, F3
holding HFBL Common Stock 17.1K 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) 20K May 19, 2021 Common Stock 20K $11.86 Direct F4, F5
holding HFBL Employee Stock Option (Right to Buy) 20K May 19, 2021 Common Stock 20K $11.50 Direct F4, F6
holding HFBL Employee Stock Option (Right to Buy) 4.27K May 19, 2021 Common Stock 4.27K $9.46 Direct F4, F7
holding HFBL Employee Stock Option (Right to Buy) 97.3K May 19, 2021 Common Stock 97.3K $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.