Walter T. Colquitt III - 10 Dec 2021 Form 4/A - Amendment Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role
Director
Signature
/s/ James R. Barlow by P.O.A. for Walter T. Colquitt III
Issuer symbol
HFBL
Transactions as of
10 Dec 2021
Net transactions value
-$8,866
Form type
4/A - Amendment
Filing time
18 Jan 2022, 16:01:57 UTC
Date Of Original Report
16 Dec 2021
Next filing
19 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Options Exercise $18,375 +2,500 +9.5% $7.35 28,764 10 Dec 2021 Direct F1, F2
transaction HFBL Common Stock Tax liability $18,378 -931 -3.2% $19.74 27,833 10 Dec 2021 Direct F1, F2, F3
transaction HFBL Common Stock Sale $8,863 -449 -1.6% $19.74 27,384 10 Dec 2021 Direct F1, F2, F3

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 -2,500 -24% $0.000000 7,848 10 Dec 2021 Common Stock 2,500 $7.35 Direct F4
holding HFBL Stock Option (Right to Buy) 18,000 10 Dec 2021 Common Stock 18,000 $11.86 Direct F5
holding HFBL Stock Option (Right to Buy) 9,000 10 Dec 2021 Common Stock 9,000 $11.50 Direct F6
* 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 3,200 shares granted pursuant to 2019 Stock Incentive Plan which reflect the unvested portion of a grant award originally covering 4,000 shares that commenced vesting at a rate of 20% per year on November 11, 2021. Includes 18,572 shares held jointly with the reporting person's spouse.
F3 On December 16, 2021, the reporting person filed a Form 4 reporting the exercise of 2,500 options and omitted the disposition of an aggregate of 1,380 shares of common stock to the Issuer to cover the exercise of the stock options and tax obligations.
F4 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.
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.