Scott D. Lawrence - Feb 9, 2022 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role
Director
Signature
/s/ Scott D. Lawrence
Stock symbol
HFBL
Transactions as of
Feb 9, 2022
Transactions value $
$46,000
Form type
4
Date filed
2/9/2022, 12:06 PM
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Options Exercise $46K +4K +6.77% $11.50 63.1K Feb 8, 2022 Direct F1, F2
holding HFBL Common Stock 9.11K Feb 9, 2022 By IRA F2

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 -4K -100% $0.00* 0 Feb 8, 2022 Common Stock 4K $11.50 Direct F3, F4
holding HFBL Stock Option (Right to Buy) 18K Feb 9, 2022 Common Stock 18K $11.86 Direct F3, F5
* 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 and 9,110 shares held jointly with the reporting person's spouse.
F3 In accordance with the terms of the 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.
F4 The options vested at a rate of 20% per year commencing on October 26, 2016.
F5 The options vest at a rate of 20% per year commencing on November 11, 2021.