HUDSON CITY BANCORP INC 4
4 · HUDSON CITY BANCORP INC · Filed Jan 29, 2015
Insider Transaction Report
Form 4
McIntyre Kenneth A Jr
Senior Vice President
Transactions
- Award
Deferred Stock Unit
2015-01-27+23,540→ 23,540 totalExercise: $0.00→ Common Stock (23,540 underlying)
Footnotes (1)
- [F1]Represents the number of shares issuable upon future settlement of DSUs granted on May 2, 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 7,847 of these DSUs as the service condition was met by continued service through January 1, 2015. An additional 7,847 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. 14,713 of these DSUs will be settled on May 2, 2017, and the remainder of these DSUs will be settled on May 2, 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.