Glen W. Brown - Nov 11, 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
Nov 11, 2021
Transactions value $
-$2,272
Form type
4
Date filed
11/15/2021, 04:07 PM
Previous filing
May 20, 2021
Next filing
Mar 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Tax liability -$2.27K -118 -1.86% $19.25 6.23K Nov 11, 2021 Direct F1, F2
holding HFBL Common Stock 1.99K Nov 11, 2021 By 401(k) Plan F3
holding HFBL Common Stock 7.33K Nov 11, 2021 By ESOP F4

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 Nov 11, 2021 Common Stock 4K $11.86 Direct F5
holding HFBL Employee Stock Option (Right to Buy) 4K Nov 11, 2021 Common Stock 4K $11.50 Direct F6
holding HFBL Employee Stock Option (Right to Buy) 21K Nov 11, 2021 Common Stock 21K $9.46 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition solely to meet tax withholding obligations for distribution from Stock Incentive Plan.
F2 Includes 1,600 shares granted pursuant to the 2019 Stock Incentive Plan which reflect the unvested portion of a grant award originally covering 2,000 shares that commenced vesting at a rate of 20% per year year 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 November 12, 2021.
F4 Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.
F5 The options are vesting 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.