Edgar Filing: Home Federal Bancorp, Inc.

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).

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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

WILLIAMS LEN E

2. Issuer Name and Ticker or Trading Symbol
Home Federal Bancorp, Inc. [FFNW]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
President of Home Federal Bank

(Last)

(First)

(Middle)

500 12TH AVENUE SOUTH

3. Date of Earliest Transaction (Month/Day/Year)
12/19/2007

(Street)

NAMPA, ID 83651

4. If Amendment, Date Original Filed(Month/Day/Year)
12/20/2007

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, $0.01 par value	12/19/2007		P		50,000	A	$ 10 ⁽¹⁾	71,407 ⁽²⁾	D ⁽³⁾

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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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Option (Right to Buy)

$ 13.47

12/19/2007

J⁽⁴⁾

85,120

09/18/2007

09/18/2016

Common Stock

85,120

$ 0

85,120

Stock Option (Right to Buy)

$ 12.76

12/19/2007

J⁽⁴⁾

7,111

10/19/2008

10/19/2017

Common Stock

7,111

$ 0

92,231

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
WILLIAMS LEN E 500 12TH AVENUE SOUTH NAMPA, ID 83651	X		President of Home Federal Bank

Signatures

/s/Len E. Williams		01/29/2008
^**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)	Reason for Amendment: The price was incorrectly stated on the reporting person's original Form 4. The Form 4 that was originally filed on December 20, 2007 has been restated in its entirety.
(2)	Pursuant to a reorganization exempt under Rule 16b-7, each share of Home Federal Bancorp, Inc. common stock outstanding as of December 19, 2007, was automatically exchanged for 1.136 shares of a new corporation incorporated under Maryland law called Home Federal Bancorp, Inc., with fractional shares cashed out at a price of $10 per share.
(3)	Includes unvested shares (as adjusted pursuant to the reorganization described in footnote (2) above) held in the 2005 Management Recognition and Retention Plan.
(4)	Pursuant to a reorganization exempt under Rule 16b-7, each option for a share of Home Federal Bancorp, Inc. common stock outstanding as of December 19, 2007, was automatically exchanged for an option for 1.136 shares of a new corporation incorporated under Maryland law called Home Federal Bancorp, Inc. with the exercise price adjusted by a proportional amount.

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