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

Role
Chairman, President & CEO***, Director
Signature
/s/ James R. Barlow
Stock symbol
HFBL
Transactions as of
Dec 10, 2021
Transactions value $
-$78,212
Form type
4
Date filed
12/14/2021, 04:53 PM
Previous filing
Nov 15, 2021
Next filing
Jan 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Options Exercise $357K +48.6K +64.36% $7.35 124K Dec 10, 2021 Direct F1
transaction HFBL Common Stock Tax liability -$436K -22.1K -17.77% $19.74 102K Dec 10, 2021 Direct F1
holding HFBL Common Stock 28.5K Dec 10, 2021 By IRA
holding HFBL Common Stock 1.1K Dec 10, 2021 By Spouse
holding HFBL Common Stock 35.5K Dec 10, 2021 By 401(k) Plan F2
holding HFBL Common Stock 19.4K Dec 10, 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 -48.6K -50% $0.00 48.6K Dec 10, 2021 Common Stock 48.6K $7.35 Direct F3
holding HFBL Employee Stock Option (Right to Buy) 20K Dec 10, 2021 Common Stock 20K $11.86 Direct F4
holding HFBL Employee Stock Option (Right to Buy) 20K Dec 10, 2021 Common Stock 20K $11.50 Direct F5
holding HFBL Employee Stock Option (Right to Buy) 4.27K Dec 10, 2021 Common Stock 4.27K $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.