Timothy W. Wilhite - 31 May 2023 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role
Director
Signature
/s/ Timothy W. Wilhite
Issuer symbol
HFBL
Transactions as of
31 May 2023
Net transactions value
+$58,650
Form type
4
Filing time
31 May 2023, 17:03:45 UTC
Previous filing
08 Mar 2023
Next filing
10 Apr 2024
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 $58,650 +5,100 +12% $11.50 47,896 31 May 2023 Direct F1

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 -5,100 -100% $0.000000* 0 31 May 2023 Common Stock 5,100 $11.50 Direct F2
holding HFBL Stock Option (Right to Buy) 18,000 31 May 2023 Common Stock 18,000 $11.86 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,400 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 45,496 shares held jointly with the reporting person's spouse.
F2 The options vested at a rate of 20% per year commencing on October 26, 2016.
F3 The options vest at a rate of 20% per year commencing on November 11, 2021.