Timothy W. Wilhite - May 31, 2023 Form 4 Insider Report for Home Federal Bancorp, Inc. of Louisiana (HFBL)

Role
Director
Signature
/s/ Timothy W. Wilhite
Stock symbol
HFBL
Transactions as of
May 31, 2023
Transactions value $
$58,650
Form type
4
Date filed
5/31/2023, 05:03 PM
Previous filing
Mar 8, 2023
Next filing
Apr 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFBL Common Stock Options Exercise $58.7K +5.1K +11.92% $11.50 47.9K May 31, 2023 Direct F1

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 Stock Option (Right to Buy) Options Exercise $0 -5.1K -100% $0.00* 0 May 31, 2023 Common Stock 5.1K $11.50 Direct F2
holding HFBL Stock Option (Right to Buy) 18K May 31, 2023 Common Stock 18K $11.86 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,400 shares granted pursuant to 2019 Stock Incentive Plan which reflect the unvested portion of a grant award originally covering 4,000 shares that commenced vesting at a rate of 20% per year on November 11, 2021 and 45,496 shares held jointly with the reporting person's spouse.
F2 The options vested at a rate of 20% per year commencing on October 26, 2016.
F3 The options vest at a rate of 20% per year commencing on November 11, 2021.