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
                                                                                  
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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 *

FREYOU JASON
2. Issuer Name and Ticker or Trading Symbol

TECHE HOLDING CO [ TSH ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Operations Officer
(Last)          (First)          (Middle)

1120 JEFFERSON TERRACE BOULEVARD
3. Date of Earliest Transaction (MM/DD/YYYY)

5/12/2014
(Street)

NEW IBERIA, LA 70560
(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   5/12/2014     M    712   A $35.60   6720   D    
Common Stock                  881   I   By ESOP  

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 (Right to Buy)   $32                    8/4/2014   (1) 8/4/2018   Common Stock   2000     2000   D    
Stock Option (Right to Buy)   $30.70                    5/26/2015   (2) 5/26/2020   Common Stock   1156     1156   D    
Stock Option (Right to Buy)   $35.6   5/12/2014     M         712    4/27/2016   (3) 4/27/2021   Common Stock   712   $0   1424   D    
Stock Option (Right to Buy)   $39.76                    9/25/2017   (4) 9/25/2022   Common Stock   2848     2848   D    

Explanation of Responses:
( 1)  Options will vest in five equal installments after two years beginning August 4, 2010, 2011, 2012, 2013 and 2014.
( 2)  Options will vest in five equal installments beginning May 26, 2011, 2012, 2013, 2014 and 2015.
( 3)  Options will vest in five equal installments beginning April 27, 2012, 2013, 2014, 2015 and 2016.
( 4)  Options will vest in five equal installments beginning September 25, 2013, 2014, 2015, 2016 and 2017.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
FREYOU JASON
1120 JEFFERSON TERRACE BOULEVARD
NEW IBERIA, LA 70560


Chief Operations Officer

Signatures
/s/ Jason P. Freyou 5/12/2014
** 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.
Teche (AMEX:TSH)
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Teche (AMEX:TSH)
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