Glen W. Brown - 11 Nov 2021 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role
SVP & Chief Financial Officer
Signature
/s/ Glen W. Brown
Issuer symbol
HFBL
Transactions as of
11 Nov 2021
Net transactions value
-$2,272
Form type
4
Filing time
15 Nov 2021, 16:07:11 UTC
Previous filing
20 May 2021
Next filing
25 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Tax liability $2,272 -118 -1.9% $19.25 6,232 11 Nov 2021 Direct F1, F2
holding HFBL Common Stock 1,988 11 Nov 2021 By 401(k) Plan F3
holding HFBL Common Stock 7,335 11 Nov 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) 4,000 11 Nov 2021 Common Stock 4,000 $11.86 Direct F5
holding HFBL Employee Stock Option (Right to Buy) 4,000 11 Nov 2021 Common Stock 4,000 $11.50 Direct F6
holding HFBL Employee Stock Option (Right to Buy) 21,000 11 Nov 2021 Common Stock 21,000 $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.