SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
BROWN GLEN W.

(Last) (First) (Middle)
C/O HOME FEDERAL BANK
222 FLORIDA STREET

(Street)
SHREVEPORT LA 71105

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Home Federal Bancorp, Inc. of Louisiana [ HFBL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/11/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/11/2021 F(1) 118 D $19.25 6,232(2) D
Common Stock 1,987.6272(3) I By 401(k) Plan
Common Stock 7,334.9644(4) I By ESOP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $11.86 11/11/2025(5) 11/11/2030 Common Stock 4,000 4,000 D
Employee Stock Option (Right to Buy) $11.5 10/26/2020(6) 10/26/2025 Common Stock 4,000 4,000 D
Employee Stock Option (Right to Buy) $9.46 07/31/2019(7) 07/31/2024 Common Stock 21,000 21,000 D
Explanation of Responses:
1. Disposition solely to meet tax withholding obligations for distribution from Stock Incentive Plan.
2. Includes 1,600 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.
3. Reflects fund units which represent share interests and a reserve of cash in the Issuer's 401(k) Plan. Includes units acquired in the Home Federal Bank Employees' Savings Profit Sharing Plan and Trust since the last filed Form 4, based on a report dated November 12, 2021.
4. Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.
5. The options are vesting at a rate of 20% per year commencing on November 11, 2021.
6. 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.
7. 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.
/s/ Glen W. Brown 11/15/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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