James R. Barlow - 11 Nov 2023 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Signature
/s/ James R. Barlow
Issuer symbol
HFBL
Transactions as of
11 Nov 2023
Net transactions value
-$23,873
Form type
4
Filing time
14 Nov 2023, 16:53:07 UTC
Previous filing
28 Jun 2023
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Tax liability $23,873 -1,821 -1.6% $13.11 112,983 11 Nov 2023 Direct F1, F2
holding HFBL Common Stock 36,252 11 Nov 2023 By IRA
holding HFBL Common Stock 1,200 11 Nov 2023 By Spouse IRA
holding HFBL Common Stock 40,390 11 Nov 2023 By 401(k) Plan F3
holding HFBL Common Stock 23,675 11 Nov 2023 By ESOP F4

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) 20,000 11 Nov 2023 Common Stock 20,000 $11.86 Direct F5
holding HFBL Employee Stock Option (Right to Buy) 20,000 11 Nov 2023 Common Stock 20,000 $11.50 Direct F6
holding HFBL Employee Stock Option (Right to Buy) 4,266 11 Nov 2023 Common Stock 4,266 $9.46 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition solely to meet tax withholding obligations for distribution from Stock Incentive Plan.
F2 Includes 12,000 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 100,983 shares held jointly with the reporting person's spouse.
F3 Includes shares 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 September 18, 2023.
F4 Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.
F5 The options are vesting at a rate of 20% per year commencing on November 11, 2021.
F6 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.
F7 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.