X0303 4 2008-07-11 0 0000921183 HMN FINANCIAL INC HMNF 0001184971 FOGARTY MICHAEL J 1016 CIVIC CENTER DR NW ROCHESTER MN 55901 1 0 0 0 Common Stock 2008-07-11 4 P 0 500 15.47 A 3000 I Michael J. Fogarty IRA/SEP Common Stock 2009-03-04 4 S 0 100 1.70 D 3400 I Michael J. Fogarty Trust Common Stock 2009-03-05 4 S 0 1400 1.71 D 500 I Michael J Fogarty Trust Common Stock 1000 I Joy Fogarty Trust Option to Buy 16.25 2003-04-23 2012-04-23 Common Stock 3000 3000 D Option to Buy 16.25 2004-04-23 2012-04-23 Common Stock 3000 6000 D Option to Buy 16.25 2005-04-23 2012-04-23 Common Stock 3000 9000 D Option to Buy 16.25 2006-04-23 2012-04-23 Common Stock 3000 12000 D Option to Buy 16.25 2007-04-23 2012-04-23 Common Stock 3000 15000 D Purchase of 500 shares not previously reported. Adding 2000 shares that were incorrectly designated as Michael J Fogarty Trust in prior filings (4/24/2009 1000 shares, 5/7/2010 506 shares, and 5/18/2010 494 shares)and deducting 500 shares that were transferred to the Michael J Fogarty Trust on 3/31/2009 as a required distribution. Filing of this report is deemed to amend reports filed since the earliest referenced date of 7/11/2008 and subsequent filings. Previously unreported transaction. 3400 share balance reflects a running balance prior to the 3/4/2009 transaction. Filing of this report is deemed to amend reports filed since the earliest referenced date of 3/4/2009 and subsequent filings. Previously unreported transaction. Balance of 500 shares also reflects deduction of 2000 shares that were incorrectly allocated to the Michael J Fogarty Trust. They are now reflected in the balance of the Michael J Fogarty IRA/SEP (4/24/2009 1000 shares, 5/7/2010 506 shares, and 5/18/2010 494 shares). Balance also reflects the transfer of 500 shares to the Michael J Fogarty Trust as a required distribution from the Michael J Fogarty IRA/SEP. Filing of this report is deemed to amend reports filed since the earliest referenced date of 3/5/2009 and subsequent filings. /s/ Jon Eberle for Michael J. Fogarty by Power of Attorney 2010-12-31