Home Federal Bancorp Inc. of Louisiana

11/13/2024 | Press release | Distributed by Public on 11/13/2024 17:10

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
(Print or Type Responses)
1. Name and Address of Reporting Person *
BROWN GLEN W.
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
(Last) (First) (Middle)
C/O HOME FEDERAL BANK, 222 FLORIDA STREET 		3. Date of Earliest Transaction (Month/Day/Year)
11/11/2024
(Street)
SHREVEPORT, LA 71105 		4. If Amendment, Date 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
(City) (State) (Zip)
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 11/11/2024 F(1) 118 D $12.57 5,278(2) D
Common Stock 1,357.9672(3) I By 401(k) Plan
Common Stock 11,173.4992(4) I By ESOP
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
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 Underlying Securities
(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 of Derivative Security: 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 (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

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BROWN GLEN W.
C/O HOME FEDERAL BANK
222 FLORIDA STREET
SHREVEPORT, LA 71105 		SVP & Chief Financial Officer

Signatures

/s/ Dawn F. Williams by P.O.A. for Glen W. Brown 11/13/2024
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Disposition solely to meet tax withholding obligations for distribution from Stock Incentive Plan.
(2) Includes 400 shares granted pursuant to the 2019 Stock Incentive Plan which reflects the unvested portion of a grant award originally covering 2,000 shares that commenced vesting at a rate of 20% per year on November 11, 2021.
(3) Represents 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 $28.349778 as of November 11, 2024. Includes units acquired in the 401(k) Plan since the last filed Form 4.
(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, 2024.
(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.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.