Glen W. Brown - 07 Jun 2024 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Signature
/s/ Dawn F. Williams POA for Glen W. Brown
Issuer symbol
HFBL
Transactions as of
07 Jun 2024
Net transactions value
-$35,253
Form type
4
Filing time
07 Jun 2024, 18:06:14 UTC
Previous filing
29 May 2024
Next filing
13 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Options Exercise $132,440 +14,000 +234% $9.46 19,978 07 Jun 2024 Direct F1
transaction HFBL Common Stock Sale $167,693 -14,582 -73% $11.50 5,396 07 Jun 2024 Direct F1
holding HFBL Common Stock 1,360 07 Jun 2024 By 401(k) Plan F2
holding HFBL Common Stock 9,879 07 Jun 2024 By ESOP

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 Employee Stock Option (Right to Buy) Options Exercise $0 -14,000 -100% $0.000000* 0 07 Jun 2024 Common Stock 14,000 $9.46 Direct F3
holding HFBL Employee Stock Option (Right to Buy) 4,000 07 Jun 2024 Common Stock 4,000 $11.86 Direct F4
holding HFBL Employee Stock Option (Right to Buy) 4,000 07 Jun 2024 Common Stock 4,000 $11.50 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 800 shares granted pursuant to the 2019 Stock Incentive Plan which reflect the unvested portion of a grant award originally covering 2,000 shares that commenced vesting at a rate of 20% per year year on November 11, 2021.
F2 Represents units of the Issuer's pooled stock fund (the Fund) under the Home Federal Bank Employees' Savings and Profit Sharing Plan and Trust ("401(k) Plan"). The Fund consists of cash and Common Stock in amounts that vary from time to time. The reporting person's units representing the Issuer's Common Stock held in the Fund are based on a per unit price of $25.81 as of June 5, 2024. Includes units acquired in the 401(k) Plan since the last filed Form 4.
F3 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.
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.