James R. Barlow - 19 Sep 2024 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role
Chairman, President & CEO***, Director
Signature
/s/ Dawn F. Williams POA for James R. Barlow
Issuer symbol
HFBL
Transactions as of
19 Sep 2024
Net transactions value
-$159,375
Form type
4
Filing time
23 Sep 2024, 17:01:36 UTC
Previous filing
27 Jun 2024
Next filing
20 Dec 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 Disposed to Issuer $159,375 -12,500 -11% $12.75 100,483 19 Sep 2024 Direct F1, F2
holding HFBL Common Stock 37,050 19 Sep 2024 By IRA
holding HFBL Common Stock 1,550 19 Sep 2024 By Spouse IRA
holding HFBL Common Stock 44,371 19 Sep 2024 By 401(k) Plan F3
holding HFBL Common Stock 25,884 19 Sep 2024 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 19 Sep 2024 Common Stock 20,000 $11.50 Direct F5
holding HFBL Employee Stock Option (Right to Buy) 20,000 19 Sep 2024 Common Stock 20,000 $11.86 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Disposition to the Issuer pursuant to Rule 16b-3(e).
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 on November 11, 2021 and 88,483 shares held jointly with the reporting person's spouse.
F3 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 $12.26 as of July 31, 2024. Includes units acquired in the 401(k) Plan since the last filed Form 4.
F4 Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.
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 are vesting at a rate of 20% per year commencing on November 11, 2021.

Remarks:

*** Also serves as Chairman of the Board, President and Chief Executive Officer of the Issuer's wholly owned subsidiary, Home Federal Bank.