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

Role
Chairman, President & CEO***, Director
Signature
/s/ James R. Barlow
Issuer symbol
HFBL
Transactions as of
10 Dec 2021
Net transactions value
-$78,212
Form type
4
Filing time
14 Dec 2021, 16:53:42 UTC
Previous filing
15 Nov 2021
Next filing
24 Jan 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 Options Exercise $357,430 +48,630 +64% $7.35 124,186 10 Dec 2021 Direct F1
transaction HFBL Common Stock Tax liability $435,642 -22,069 -18% $19.74 102,117 10 Dec 2021 Direct F1
holding HFBL Common Stock 28,460 10 Dec 2021 By IRA
holding HFBL Common Stock 1,100 10 Dec 2021 By Spouse
holding HFBL Common Stock 35,459 10 Dec 2021 By 401(k) Plan F2
holding HFBL Common Stock 19,444 10 Dec 2021 By ESOP

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 -48,630 -50% $0.000000 48,630 10 Dec 2021 Common Stock 48,630 $7.35 Direct F3
holding HFBL Employee Stock Option (Right to Buy) 20,000 10 Dec 2021 Common Stock 20,000 $11.86 Direct F4
holding HFBL Employee Stock Option (Right to Buy) 20,000 10 Dec 2021 Common Stock 20,000 $11.50 Direct F5
holding HFBL Employee Stock Option (Right to Buy) 4,266 10 Dec 2021 Common Stock 4,266 $9.46 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 24,000 shares granted pursuant to the 2019 Stock Incentive Plan which reflect the unvested portion of a grant award originally covering 30,000 shares that commenced vesting at a rate of 20% per year year on November 11, 2021 and 27,472 shares held jointly with the reporting person's spouse.
F2 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 December 10, 2021.
F3 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.
F4 The options are vesting at a rate of 20% per year commencing on November 11, 2021.
F5 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.
F6 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.