SEC FORM 4

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^*

BARBER DAVID

(Last)

(First)

(Middle)

C/O HOME FEDERAL BANK

222 FLORIDA STREET

(Street)

SHREVEPORT

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 Mortgage Lending ***

3. Date of Earliest Transaction (Month/Day/Year)
12/10/2021

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/10/2021		M		3,890	A	$7.35	8,400⁽¹⁾⁽²⁾	D
Common Stock								4,259.736⁽¹⁾⁽³⁾	I	By 401(k) Plan
Common Stock								15,342.6218⁽¹⁾⁽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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$7.35	12/10/2021		M			3,890	01/31/2017⁽⁵⁾	01/31/2022	Common Stock	3,890⁽¹⁾	$0	0	D
Stock Option (Right to Buy)	$11.86							⁽⁶⁾	11/11/2030	Common Stock	4,000⁽¹⁾		4,000	D
Stock Option (Right to Buy)	$15.63							⁽⁷⁾	02/05/2029	Common Stock	9,000⁽¹⁾		9,000	D
Stock Option (Right to Buy)	$11.5							10/26/2020⁽⁸⁾	10/26/2025	Common Stock	4,000⁽¹⁾		4,000	D

Explanation of Responses:

1. On March 31, 2021, the Issuer effected a 2-for-1 stock split. The number of shares reported throughout this Form 4 have been adjusted to reflect the stock split.

2. Includes 1,200 shares granted pursuant to the 2014 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 on February 5, 2020.

3. Reflects units which represent share interests and a reserve of cash. Includes units acquired in the Home Federal Bank Employees' Savings and Profit Sharing Plan and Trust since the last filed Form 4, based on a report dated December 10, 2021.

4. Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.

5. The options vested at a rate of 20% per year commencing on January 31, 2013 and are fully vested and exercisable as of January 31, 2017.

6. The options are vesting at a rate of 20% per year commencing on November 11, 2021.

7. The options are vesting at a rate of 20% per year commencing on February 5, 2020.

8. The options vested at a rate of 20% per year commencing on October 26, 2016 and are fully vested and exercisable as of October 26, 2020.

	/s/ James R. Barlow by P.O.A. for David Barber	12/14/2021
	** 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).
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