David Barber - 10 Dec 2021 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role
SVP Mortgage Lending ***
Signature
/s/ James R. Barlow by P.O.A. for David Barber
Issuer symbol
HFBL
Transactions as of
10 Dec 2021
Net transactions value
+$28,592
Form type
4
Filing time
14 Dec 2021, 16:46:54 UTC
Next filing
28 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Options Exercise $28,592 +3,890 +86% $7.35 8,400 10 Dec 2021 Direct F1, F2
holding HFBL Common Stock 4,260 10 Dec 2021 By 401(k) Plan F1, F3
holding HFBL Common Stock 15,343 10 Dec 2021 By ESOP F1, 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
transaction HFBL Stock Option (Right to Buy) Options Exercise $0 -3,890 -100% $0.000000* 0 10 Dec 2021 Common Stock 3,890 $7.35 Direct F1, F5
holding HFBL Stock Option (Right to Buy) 4,000 10 Dec 2021 Common Stock 4,000 $11.86 Direct F1, F6
holding HFBL Stock Option (Right to Buy) 9,000 10 Dec 2021 Common Stock 9,000 $15.63 Direct F1, F7
holding HFBL Stock Option (Right to Buy) 4,000 10 Dec 2021 Common Stock 4,000 $11.50 Direct F1, 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 1,200 shares granted pursuant to the 2014 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 on February 5, 2020.
F3 Reflects units which represent share interests and a reserve of cash. 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 December 10, 2021.
F4 Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.
F5 The options vested at a rate of 20% per year commencing on January 31, 2013 and are fully vested and exercisable as of January 31, 2017.
F6 The options are vesting at a rate of 20% per year commencing on November 11, 2021.
F7 The options are vesting at a rate of 20% per year commencing on February 5, 2020.
F8 The options vested at a rate of 20% per year commencing on October 26, 2016 and are fully vested and exercisable as of October 26, 2020.