FORM 4
[ X ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

CALLIA C. HOLLY
2. Issuer Name and Ticker or Trading Symbol

LOUISIANA BANCORP INC [ LABC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
SVP of Bank of New Orleans
(Last)          (First)          (Middle)

C/O BANK OF NEW ORLEANS, 1600 VETERANS BLVD.
3. Date of Earliest Transaction (MM/DD/YYYY)

9/15/2015
(Street)

METAIRIE, LA 70005
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   9/15/2015     D    39600   (1) D $24.25   (2) 0   D    
Common Stock   9/15/2015     D    13815.0626   (3) D $24.25   (2) 0   I   By Employee Stock Ownership Plan  
Common Stock   9/15/2015     D    4800.9678   (4) D $24.25   (2) 0   I   By 401(k) Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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
Stock Option   $21.98   9/15/2015     D         4000      (5) 1/5/2025   Common Stock   4000   $24.25   (6) 0   D    
Stock Option   $18.19   9/15/2015     D         4000      (5) 12/16/2023   Common Stock   4000   $24.25   (6) 0   D    
Stock Option   $16.56   9/15/2015     D         8000      (5) 12/17/2022   Common Stock   8000   $24.25   (6) 0   D    
Stock Option   $14.41   9/15/2015     D         2000      (5) 12/14/2020   Common Stock   2000   $24.25   (6) 0   D    
Stock Option   $13.50   9/15/2015     D         3400      (5) 8/25/2019   Common Stock   3400   $24.25   (6) 0   D    

Explanation of Responses:
( 1)  Reported amount includes 7,400 shares awarded under the 2007 Recognition and Retention Plan that vested on the legal date of the merger pursuant to terms of the merger agreement.
( 2)  Disposed of pursuant to merger between issuer and Home Bancorp, Inc. Pursuant to the merger agreement, each share of Louisiana Bancorp, Inc. common stock was converted into cash in the amount of $24.25.
( 3)  The reported shares represent the number of shares allocated to the reporting person's account as of December 31, 2014.
( 4)  The reported securities represent the number of shares held in the Issuer's 401(k) Plan, based on a report dated September 15, 2015. These shares represent 5,213.0768 ownership units.
( 5)  Reported securities were awarded under the Company's 2007 Recognition and Retention Plan. Such securities vested ratably over five years beginning on the first anniversary date of the award. Pursuant to terms of the merger agreement with Home Bancorp, Inc., vesting of all options accelerated and were exercisable as of the merger date.
( 6)  Disposed of pursuant to merger agreement between issuer and Home Bancorp, Inc. Pursuant to the merger agreement, each stock option was cancelled in exchange for a cash payment equal to the excess of $24.25 over the exercise price of such option.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
CALLIA C. HOLLY
C/O BANK OF NEW ORLEANS
1600 VETERANS BLVD.
METAIRIE, LA 70005


SVP of Bank of New Orleans

Signatures
John P. LeBlanc, by POA for C. Holly Callia 9/16/2015
** 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.
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.
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