SEC Form 4 · accession 0000927089-16-000922
Home Federal Bancorp, Inc. of Louisiana · HFBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
K Matthew Sawrie
Officer — SVP Commercial Lending*
Period of report
Aug 17, 2016
Accepted (ET)
Aug 19, 2016 · 12:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001500375
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 17, 2016 | M | 1,000 | $14.70 | A | 14,761 | D | |
| Common Stock | holding | — | — | — | 5,361 | I | By IRA | |
| Common StockF3 | holding | — | — | — | 2,102 | I | By 401(k) Plan | |
| Common StockF4 | holding | — | — | — | 4,109 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F5 | $14.70 | Aug 17, 2016 | M | 1,000 | A | — | Jan 31, 2022 | Common Stock | 14,562 | 14,562 | D |
| Employee Stock Option (Right to Buy)F6 | $23.00 | holding | — | — | — | — | Oct 26, 2025 | Common Stock | 7,000 | 7,000 | D |
| Employee Stock Option (Right to Buy)F7 | $18.92 | holding | — | — | — | — | Jul 31, 2024 | Common Stock | 3,253 | 3,253 | D |
Explanation of responses
- F1Includes 1,000 shares granted pursuant to the 2014 Stock Incentive Plan that vest 20% per year commencing on October 26, 2016.
- F2Includes 3,006 shares and 803 shares held in the 2011 Recognition and Retention Plan Trust which reflect the unvested portion of grant awards originally covering 7,509 shares and 1,003 shares, respectively, that commenced vesting at a rate of 20% per year on January 31, 2013 and July 31, 2015, respectively, and 1,922 shares held jointly with the reporting person's spouse.
- F3Reflects units which represent share interests and a reserve of cash in the Issuer's 401(k) Plan. Based on a report dated September 29, 2015.
- F4Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.
- F5The options are vesting at a rate of 20% per year commencing on January 31, 2013.
- F6The options vest at a rate of 20% per year commencing on October 26, 2016.
- F7The options are vesting at a rate of 20% per year commencing on July 31, 2015.
Remarks
*Senior Vice President Commercial Lending of Home Federal Bank (Issuer Subsidiary).