Mark Malloy Harrison - 19 Jan 2022 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role: Director
Signature: /s/ James R. Barlow by P.O.A. for Mark Malloy Harrison
Issuer symbol: HFBL
Transactions as of: 19 Jan 2022
Net transactions value: +$68,634
Form type: 4
Filing time: 19 Jan 2022, 15:01:02 UTC
Next filing: 08 Jun 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	$68,634	+9,338	+46%	$7.35	29,772	19 Jan 2022	Direct	F1, F2
holding	HFBL	Common Stock						5,466	19 Jan 2022	By IRA	F1
holding	HFBL	Common Stock						1,822	19 Jan 2022	By Spouse	F1, 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	-9,338	-100%	$0.000000^*	0	19 Jan 2022	Common Stock	9,338	$7.35	Direct	F4, F5
holding	HFBL	Stock Option (Right to Buy)						18,000	19 Jan 2022	Common Stock	18,000	$11.86	Direct	F4, F6
holding	HFBL	Stock Option (Right to Buy)						13,000	19 Jan 2022	Common Stock	13,000	$11.50	Direct	F4, F7
holding	HFBL	Stock Option (Right to Buy)						$7,000	19 Jan 2022	Common Stock	7,000	$9.46	Direct	F4, 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 3,200 shares granted pursuant to 2019 Stock Incentive Plan which reflect the unvested portion for a grant award originally covering 4,000 shares that commenced vesting at a rate of 20% per year on November 11, 2021.
F3	The 1,822 shares are held jointly by the reporting person's spouse with her parents.
F4	In accordance with the terms of the stock option plan and stock incentive plans the exercise price of the options and number of shares subject to the option have been adjusted to reflect the stock split.
F5	The options vested at a rate of 20% per year commencing January 31, 2013.
F6	The options are vesting at a rate of 20% per year commencing November 11, 2021.
F7	The options vested at a rate of 20% per year commencing on October 26, 2016.
F8	The options vested at a rate of 20% per year commencing on July 31, 2015.