James R. Barlow - May 3, 2022 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
May 3, 2022
Transactions value $
-$214,900
Form type
4
Date filed
5/5/2022, 05:23 PM
Previous filing
Jan 24, 2022
Next filing
Nov 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Disposed to Issuer -$215K -10K -7.73% $21.49 119K May 3, 2022 Direct F1, F2
holding HFBL Common Stock 1.1K May 3, 2022 By Spouse
holding HFBL Common Stock 36.4K May 3, 2022 By 401(k) Plan F3
holding HFBL Common Stock 19.4K May 3, 2022 By ESOP
holding HFBL Common Stock 28.5K May 3, 2022 By IRA

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
holding HFBL Employee Stock Option (Right to Buy) 20K May 3, 2022 Common Stock 20K $11.86 Direct F4
holding HFBL Employee Stock Option (Right to Buy) 20K May 3, 2022 Common Stock 20K $11.50 Direct F5
holding HFBL Employee Stock Option (Right to Buy) 4.27K May 3, 2022 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 The sale was approved by the Issuer's Board of Directors in accordance with Rule 16b-3(d)(1) of the Exchange Act (the "Act"), and as such, the sale is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder.
F2 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.
F3 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 May 3, 2022.
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.