4//SEC Filing
HUDSON CITY BANCORP INC 4
Accession 0001206760-15-000029
CIK 0000921847operating
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 4:12 PM ET
Size
19.1 KB
Accession
0001206760-15-000029
Insider Transaction Report
Form 4
Golding Cornelius E
Director
Transactions
- Award
Deferred Stock Units
2015-01-27+8,109→ 8,109 totalExercise: $0.00→ Common Stock (8,109 underlying)
Holdings
- 37,500
Stock Option (Right to Buy)
Exercise: $12.10From: 2011-07-23Exp: 2020-07-22→ Common Stock (37,500 underlying) - 10,761
Deferred Stock Units
Exercise: $0.00→ Common Stock (10,761 underlying) - 5,790
Deferred Stock Units
Exercise: $0.00→ Common Stock (5,790 underlying) - 20,000(indirect: By IRA)
Common Stock, par value $0.01 per share
- 7,677
Deferred Stock Units
Exercise: $0.00→ Common Stock (7,677 underlying) - 22,917
Stock Option (Right to Buy)
Exercise: $9.50From: 2012-04-25Exp: 2021-04-24→ Common Stock (22,917 underlying) - 20,661
Deferred Stock Units
Exercise: $0.00→ Common Stock (20,661 underlying) - 7,693
Deferred Stock Units
Exercise: $0.00→ Common Stock (7,693 underlying)
Footnotes (6)
- [F1]Award on July 23, 2010 pursuant to the Hudson City Bancorp, Inc. 2006 Stock Incentive Plan. 6,887 units vested on each of July 23, 2011, 2012 and 2013 and will be converted to and settled in an equal number of shares of the issuer's common stock on the first day of the calendar month following the sixth month anniversary of termination of service as a director. The reporting person has also been granted dividend equivalent rights, for both vested and unvested units, payable in cash if, as and when dividends are declared and paid on common stock.
- [F2]Award on April 25, 2011, pursuant to the Hudson City Bancorp, Inc. 2011 Stock Incentive Plan (the "Plan"). The units vested on April 25, 2012 and will be converted to and settled in an equal number of shares of the issuer's common stock on the first day of the calendar month following the sixth month anniversary of termination of service as a director. The reporting person has also been granted dividend equivalent rights, for both vested and unvested units, payable in cash if, as and when dividends are declared and paid on common stock.
- [F3]Award on April 25, 2012, pursuant to the Plan. The units vested on April 25, 2013 and will be converted to and settled in an equal number of shares of the issuer's common stock on the first day of the calendar month following the sixth month anniversary of termination of service as a director. The reporting person has also been granted dividend equivalent rights, for both vested and unvested units, payable in cash if, as and when dividends are declared and paid on common stock.
- [F4]Award on August 2, 2013, pursuant to the Plan. The units vested on April 1, 2014 based on continued service through such date and will be converted to and settled in an equal number of shares of the issuer's common stock on the first day of the calendar month following the sixth month anniversary of termination of service as a director. The reporting person has been granted dividend equivalent rights on vested units, payable in cash if, as and when dividends are declared and paid on common stock.
- [F5]Award on March 25, 2014, pursuant to the Plan. The units will vest on April 1, 2015 based on continued service through such date. Vested units will be converted to and settled in an equal number of shares of the issuer's common stock on the first day of the calendar month following the sixth month anniversary of termination of service as a director. The reporting person has been granted dividend equivalent rights on vested units, payable in cash if, as and when dividends are declared and paid on common stock. If the Merger with M&T Bank Corporation closes before April 1, 2015, a portion of the award will vest. This portion will be calculated based on the quotient of the number of days elapsed between (and including) April 1, 2014 and the Merger closing date divided by 365 and rounded up to the nearest whole unit.
- [F6]Award on January 27, 2015, pursuant to the Plan. The units will vest on January 1, 2016 based on continued service through such date. Vested units will be converted to and settled in an equal number of shares of the issuer's common stock on the first day of the calendar month following the sixth month anniversary of termination of service as a director. The reporting person has been granted dividend equivalent rights on vested units, payable in cash if, as and when dividends are declared and paid on common stock. If the Merger with M&T Bank Corporation closes before January 1, 2016, a portion of the award will vest. This portion will be calculated based on the quotient of the number of days elapsed between (and including) January 1, 2015 and the Merger closing date divided by 365 and rounded up to the nearest whole unit.
Documents
Issuer
HUDSON CITY BANCORP INC
CIK 0000921847
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000921847
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 4:12 PM ET
- Size
- 19.1 KB