James R. Barlow - Nov 8, 2024 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role
Chairman, President & CEO***, Director
Signature
/s/ Dawn F. Williams by P.O.A. for James R. Barlow
Stock symbol
HFBL
Transactions as of
Nov 8, 2024
Transactions value $
$7,217
Form type
4
Date filed
11/14/2024, 03:40 PM
Previous filing
Sep 23, 2024
Next filing
Nov 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Purchase $7.22K +249 +1.18% $29.00 21.4K Nov 8, 2024 By 401(k) Plan F1, F2
holding HFBL Common Stock 98.7K Nov 8, 2024 Direct F3
holding HFBL Common Stock 37.1K Nov 8, 2024 By IRA
holding HFBL Common Stock 1.55K Nov 8, 2024 By Spouse IRA
holding HFBL Common Stock 25.9K Nov 8, 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
holding HFBL Employee Stock Option (Right to Buy) 20K Nov 8, 2024 Common Stock 20K $11.50 Direct F4
holding HFBL Employee Stock Option (Right to Buy) 20K Nov 8, 2024 Common Stock 20K $11.86 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction was a nondiscretionary purchase of common stock held by 401(k) plan pursuant to an agreement, whereby the Reporting Person elected to rebalance holdings in 401(k) plan. The Reporting Person did not have control over the purchase.
F2 Represents unit price and 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 $27.610627 as of November 13, 2024.
F3 Includes 6,000 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 92,662 shares held jointly with the reporting person's spouse.
F4 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.
F5 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.