Timothy W. Wilhite - Aug 16, 2022 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role
Director
Signature
/s/ Timothy W. Wilhite
Stock symbol
HFBL
Transactions as of
Aug 16, 2022
Transactions value $
$42,550
Form type
4
Date filed
8/16/2022, 02:34 PM
Next filing
Mar 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Options Exercise $42.6K +3.7K +9.87% $11.50 41.2K Aug 16, 2022 Direct F1, 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 -3.7K -35.58% $0.00 6.7K Aug 16, 2022 Common Stock 3.7K $11.50 Direct F3, F4
holding HFBL Stock Option (Right to Buy) 18K Aug 16, 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 37,996 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.