K. Matthew Sawrie - 23 Sep 2021 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Signature
/s/Glen W. Brown by P.O.A. for K. Matthew Sawrie
Issuer symbol
HFBL
Transactions as of
23 Sep 2021
Net transactions value
+$44,100
Form type
4
Filing time
27 Sep 2021, 17:07:21 UTC
Next filing
28 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Options Exercise $44,100 +6,000 +11% $7.35 60,646 23 Sep 2021 Direct F1, F2
holding HFBL Common Stock 10,722 23 Sep 2021 By IRA F1
holding HFBL Common Stock 15,839 23 Sep 2021 By ESOP F1, F3

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
transaction HFBL Employee Stock Option (Right to Buy) Options Exercise $0 -6,000 -100% $0.000000* 0 23 Sep 2021 Common Stock 6,000 $7.35 Direct F1, F4
holding HFBL Employee Stock Option (Right to Buy) 14,000 23 Sep 2021 Common Stock 14,000 $11.86 Direct F1, F5
holding HFBL Employee Stock Option (Right to Buy) 14,000 23 Sep 2021 Common Stock 14,000 $11.50 Direct F1, F6
holding HFBL Employee Stock Option (Right to Buy) 6,506 23 Sep 2021 Common Stock 6,506 $9.46 Direct F1, 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, 2,000 shares granted pursuant to the 2019 Stock Incentive Plan that vest 20% per year commencing on November 11, 2021 and 3,844 shares held jointly with the reporting person's spouse.
F3 Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.
F4 The options vested at a rate of 20% per year commencing on January 31, 2013.
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
F7 The options vested at a rate of 20% per year commencing on July 31, 2015.

Remarks:

* Senior Vice President Commercial Lending Division of Home Federal Bank (Issuer Subsidiary).