HUDSON CITY BANCORP INC 4
4 · HUDSON CITY BANCORP INC · Filed Jan 29, 2015
Insider Transaction Report
Form 4
McCambridge Michael D
Senior Vice President
Transactions
- Award
Deferred Stock Units
2015-01-27+14,344→ 14,344 totalExercise: $0.00→ Common Stock (14,344 underlying) - Award
Deferred Stock Units
2015-01-27+19,000→ 19,000 totalExercise: $0.00→ Common Stock (19,000 underlying) - Award
Deferred Stock Units
2015-01-27+8,574→ 12,895 totalExercise: $0.00→ Common Stock (8,574 underlying)
Holdings
- 24,800
Deferred Stock Units
Exercise: $0.00→ Common Stock (24,800 underlying) - 17,800
Stock Option (Right to Buy)
Exercise: $9.50From: 2014-04-28Exp: 2021-03-14→ Common Stock (17,800 underlying) - 6,550
Deferred Stock Units
Exercise: $0.00→ Common Stock (6,550 underlying) - 45,000
Stock Option (Right to Buy)
Exercise: $12.03From: 2012-01-24Exp: 2019-01-22→ Common Stock (45,000 underlying) - 73,961
Common Stock, par value $0.01 per share
- 10,792(indirect: By PIB)
Common Stock, par value $0.01 per share
- 100,000
Stock Option (Right to Buy)
Exercise: $12.76From: 2009-07-21Exp: 2016-07-20→ Common Stock (100,000 underlying) - 50,000
Stock Option (Right to Buy)
Exercise: $12.76From: 2009-01-20Exp: 2016-07-20→ Common Stock (50,000 underlying) - 51,507(indirect: By ESOP)
Common Stock, par value $0.01 per share
- 50,000
Stock Option (Right to Buy)
Exercise: $15.69From: 2011-01-25Exp: 2018-01-24→ Common Stock (50,000 underlying) - 45,000
Stock Option (Right to Buy)
Exercise: $13.78From: 2010-01-26Exp: 2017-01-25→ Common Stock (45,000 underlying) - 37,500
Stock Option (Right to Buy)
Exercise: $13.12From: 2013-01-29Exp: 2020-01-18→ Common Stock (37,500 underlying)
Footnotes (6)
- [F1]Shares are held in the reporting person's account in the Hudson City Savings Bank Profit Incentive Bonus Plan.
- [F2]Represents the number of shares issuable upon future settlement of Deferred Stock Units granted on March 15, 2011. These DSUs vested on April 28, 2014 due to 1) the satisfaction of certain performance measures as certified by the Company's Compensation Committee on April 28, 2014 and 2) continued service through March 15, 2014. These DSUs will be settled on March 15, 2017. Accelerated settlement of vested DSUs may occur in the event of death or disability, or in connection with a change in control.
- [F3]Represents the number of shares issuable upon future settlement of Deferred Stock Units (DSUs) granted on June 18, 2013. These DSUs vest upon 1) the satisfaction of certain performance measures, as certified by the Company's Compensation Committee on January 28, 2014 and 2) continued service through a specified date. Accordingly, vesting occurred for 16,532 of these DSUs as the service condition was met by continued service through January 1, 2014 and January 1, 2015. The remainder of these DSUs will vest on January 1, 2016, assuming continued employment through this date. 15,499 of these DSUs will be settled on June 18, 2016, and the remainder of these DSUs will be settled on June 18, 2019. Accelerated settlement of vested DSUs may occur in the event of death or disability. Accelerated vesting and settlement may occur in connection with a change in control.
- [F4]The figure in columns 5 and 7 represents the number of shares issuable upon future settlement of Variable Deferred Stock Units granted on March 30, 2012 based on the Company's total shareholder return relative to peers for the period beginning January 1, 2012 and ending December 31, 2014, as certified by the Company's Compensation Committee on January 27, 2015. Previously, 4,321 shares became issuable under these awards based on the Company's return on equity for 2012, as certified by the Company's Compensation Committee on January 29, 2013. All such Variable Deferred Stock Units will vest and settle on March 30, 2015 assuming continued employment through such date. Pro-rated, accelerated vesting may occur in the event of death, disability or retirement. Accelerated settlement of vested DSUs may occur in the event of death or disability. Accelerated vesting and settlement may occur in connection with a change in control.
- [F5]Represents the number of shares issuable upon future settlement of Deferred Stock Units (DSUs) granted on March 29, 2014. These DSUs vest upon 1) the satisfaction of certain performance measures, as certified by the Company's Compensation Committee on January 27, 2015 and 2) continued service through a specified date. Accordingly, vesting occurred for 6,333 of these DSUs as the service condition was met by continued service through January 1, 2015. An additional 6,333 of these DSUs will vest upon continued service through January 1, 2016. The remainder of these DSUs will vest on January 1, 2017, assuming continued employment through this date. 11,875 of these DSUs will be settled on March 29, 2017, and the remainder of these DSUs will be settled on March 29, 2020. Accelerated settlement of vested DSUs may occur in the event of death or disability. Accelerated vesting and settlement may occur in connection with a change in control.
- [F6]Represents the number of shares issuable upon future settlement of Deferred Stock Units (DSUs) granted on March 30, 2012. These DSUs vest upon 1) the satisfaction of certain performance measures, as certified by the Company's Compensation Committee on January 27, 2015 and 2) continued service through March 30, 2015. 7,173 of these DSUs will be settled on March 30, 2015, and the remainder will be settled on March 30, 2018. Pro-rated, accelerated vesting may occur in the event of death, disability or retirement. Accelerated settlement of vested DSUs may occur in the event of death or disability. Accelerated vesting and settlement may occur in connection with a change in control.