James R. Barlow - 18 Dec 2024 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Signature
/s/ Dawn F. Williams POA for James R. Barlow
Issuer symbol
HFBL
Transactions as of
18 Dec 2024
Net transactions value
-$52,446
Form type
4
Filing time
20 Dec 2024, 14:09:26 UTC
Previous filing
13 Nov 2024
Next filing
17 Oct 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Disposed to Issuer $52,446 -4,179 -4.2% $12.55 94,483 18 Dec 2024 Direct F1
holding HFBL Common Stock 21,502 18 Dec 2024 By 401(k) Plan F2
holding HFBL Common Stock 37,050 18 Dec 2024 By IRA
holding HFBL Common Stock 1,550 18 Dec 2024 By Spouse IRA
holding HFBL Common Stock 25,884 18 Dec 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) 20,000 18 Dec 2024 Common Stock 20,000 $11.50 Direct F3
holding HFBL Employee Stock Option (Right to Buy) 20,000 18 Dec 2024 Common Stock 20,000 $11.86 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 88,483 shares held jointly with the reporting person's spouse.
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 $28.356249 as of December 18, 2024.
F3 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.
F4 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.