Form 4 LOUISIANA BANCORP INC For: Jan 05 Filed by: CALLIA C. HOLLY

January 7, 2015 11:13 AM EST

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

OMB APPROVAL

OMB Number:		3235-0287
Expires:	December 31, 2014
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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 ^*

CALLIA C. HOLLY

(Last)

(First)

(Middle)

C/O BANK OF NEW ORLEANS

1600 VETERANS BLVD.

(Street)

METAIRIE

70005

(City)

(State)

(Zip)

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)
Sr. Vice President

3. Date of Earliest Transaction (Month/Day/Year)
01/05/2015

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	01/05/2015		A		2,000 ⁽¹⁾	A	$ 0	41,600 ⁽²⁾	D
Common Stock								11,685.52	I	By Employee Stock Ownership Plan
Common Stock								4,419 ⁽³⁾	I	By 401(k) Plan

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)	$ 21.98	01/05/2015		A		4,000		01/05/2016⁽⁴⁾	01/05/2025	Common Stock	4,000	$ 0	4,000	D
Stock Option (right to buy)	$ 13.5							08/25/2010⁽⁴⁾	08/25/2019	Common Stock	3,400		3,400	D
Stock Option (right to buy)	$ 14.41							12/14/2011⁽⁴⁾	12/14/2020	Common Stock	2,000		2,000	D
Stock Option (Right to buy)	$ 16.56							12/17/2013⁽⁴⁾	12/17/2022	Common Stock	8,000		8,000	D
Stock Option (right to buy)	$ 18.19							12/16/2014⁽⁴⁾	12/16/2023	Common Stock	4,000		4,000	D

Explanation of Responses:

1. Reflects an award under the 2007 Recognition and Retention Plan which will vest ratably over five years beginning on January 5, 2016.

2. Includes 9,800 unvested shares held in trust by the 2007 Recognition and Retention Plan Trust, which vest ratably over a five year period beginning on the anniversary date of the respective award. The 9,800 unvested shares were awarded on five different dates.

3. The reported securities represent the balance of units held in the Issuer's 401(k) Plan, based on a report dated January 5, 2015.

4. The date reported represents the first anniversary date of the grant. The grant vests in five equal installments beginning with this date.

	John P. LeBlanc, by POA for C. Holly Callia	01/07/2015
	** 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 Number.

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