4//SEC Filing
HUDSON CITY BANCORP INC 4
Accession 0001206760-15-000066
CIK 0000921847operating
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 7:03 PM ET
Size
19.5 KB
Accession
0001206760-15-000066
Insider Transaction Report
Form 4
Daly Michael
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2015-03-30+4,828→ 12,884 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2015-03-30+8,056→ 8,056 total - Tax Payment
Common Stock, par value $0.01 per share
2015-03-30$10.47/sh−4,520$47,324→ 8,364 total - Exercise/Conversion
Deferred Stock Unit
2015-03-30−8,056→ 8,056 totalExercise: $0.00→ Common Stock (8,056 underlying) - Exercise/Conversion
Deferred Stock Unit
2015-03-30−4,828→ 0 totalExercise: $0.00→ Common Stock (4,828 underlying)
Holdings
- 8,094(indirect: By ESOP)
Common Stock, par value $0.01 per share
- 21,000
Deferred Stock Unit
Exercise: $0.00→ Common Stock (21,000 underlying) - 18,800
Deferred Stock Unit
Exercise: $0.00→ Common Stock (18,800 underlying)
Footnotes (7)
- [F1]Issued pursuant to the Deferred Stock Units (DSUs) Award granted on March 30, 2012. All performance measures were previously certified by the Company's Compensation Committee. 16,112 DSUs vested on March 30, 2015. 8,056 of these DSUs settled on March 30, 2015 based on continued service through such date.
- [F2]Issued pursuant to the Variable Deferred Stock Units (DSUs) Award granted on March 30, 2012. All performance measures were previously certified by the Company's Compensation Committee. These DSUs vested and settled on March 30, 2015 based on continued employment through such date.
- [F3]Represents shares withheld at the direction of the Company's Compensation Committee to satisfy payroll tax withholding obligations with respect to the settlement of DSU awards.
- [F4]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 14,000 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. 13,125 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.
- [F5]Represents the Variable Deferred Stock Units (DSUs) Award granted on March 30, 2012. All performance measures were previously certified by the Company's Compensation Committee. All such Variable DSUs vested and settled on March 30, 2015 based on continued employment through such date.
- [F6]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 6,266 of these DSUs as the service condition was met by continued service through January 1, 2015. An additional 6,266 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. 11,749 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.
- [F7]Represents the number of shares issuable upon future settlement of Deferred Stock Units (DSUs) granted on March 30, 2012. These DSUs vested 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. 8,056 of these DSUs 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.
Documents
Issuer
HUDSON CITY BANCORP INC
CIK 0000921847
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000921847
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 7:03 PM ET
- Size
- 19.5 KB