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HUDSON CITY BANCORP INC 4

Accession 0001206760-15-000076

CIK 0000921847operating
View on SEC.govCompany Profile

Filed

Mar 31, 8:00 PM ET

Accepted

Apr 1, 7:30 PM ET

Size

33.3 KB

Accession

0001206760-15-000076

Insider Transaction Report

Form 4
Period: 2015-03-30
HUDSON CITY BANCORP INCHCBK
OLSZEWSKI VERONICA A
Senior Vice President
Transactions
  • Exercise/Conversion

    Common Stock, par value $0.01 per share

    2015-03-30+14,615→ 225,005 total
  • Exercise/Conversion

    Deferred Stock Units

    2015-03-30−14,615→ 0 total
    Exercise: $0.00→ Common Stock (14,615 underlying)
  • Tax Payment

    Common Stock, par value $0.01 per share

    2015-03-30$10.47/sh−7,694$80,556→ 225,440 total
  • Exercise/Conversion

    Deferred Stock Units

    2015-03-30−8,129→ 8,128 total
    Exercise: $0.00→ Common Stock (8,129 underlying)
  • Exercise/Conversion

    Common Stock, par value $0.01 per share

    2015-03-30+8,129→ 233,134 total
Holdings

  • Deferred Stock Units

    Exercise: $0.00→ Common Stock (28,000 underlying)
    28,000

  • Deferred Stock Units

    Exercise: $0.00→ Common Stock (24,900 underlying)
    24,900

  • Common Stock, par value $0.01 per share

    (indirect: By PIB)
    24,082

  • Stock Option (Right to Buy)

    Exercise: $12.76From: 2009-07-21Exp: 2016-07-20→ Common Stock (150,000 underlying)
    150,000

  • Stock Option (Right to Buy)

    Exercise: $9.50From: 2014-04-28Exp: 2021-03-14→ Common Stock (24,200 underlying)
    24,200

  • Phantom Stock Units

    Exercise: $0.00→ Common Stock (1,139 underlying)
    1,139

  • Common Stock, par value $0.01 per share

    (indirect: By ESOP)
    77,953

  • Stock Option (Right to Buy)

    Exercise: $12.03From: 2012-01-24Exp: 2019-01-22→ Common Stock (67,500 underlying)
    67,500

  • Deferred Stock Units

    Exercise: $0.00→ Common Stock (8,950 underlying)
    8,950

  • Stock Option (Right to Buy)

    Exercise: $15.69From: 2011-01-25Exp: 2018-01-24→ Common Stock (75,000 underlying)
    75,000

  • Stock Option (Right to Buy)

    Exercise: $12.76From: 2009-01-20Exp: 2016-07-20→ Common Stock (75,000 underlying)
    75,000

  • Stock Option (Right to Buy)

    Exercise: $13.78From: 2010-01-26Exp: 2017-01-25→ Common Stock (67,500 underlying)
    67,500

  • Stock Option (Right to Buy)

    Exercise: $13.12From: 2013-01-29Exp: 2020-01-18→ Common Stock (37,500 underlying)
    37,500
Footnotes (10)
  • [F1]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.
  • [F10]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. 8,129 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.
  • [F2]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. 16,257 DSUs vested on March 30, 2015. 8,129 of these DSUs settled on March 30, 2015 based on continued service 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]The reporting person holds the shares through the Hudson City Savings Bank's Profit Incentive Bonus Plan.
  • [F5]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.
  • [F6]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 18,666 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. 17,500 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.
  • [F7]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.
  • [F8]The reporting person is due, upon retirement, the equivalent dollar value of 1,139 shares of HCBK common stock as of December 31, 2014 through the Supplemental ESOP Benefit under the Benefit Maintenance Plan of Hudson City Savings Bank.
  • [F9]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 8,300 of these DSUs as the service condition was met by continued service through January 1, 2015. An additional 8,300 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. 15,562 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.

Documents

1 file

Issuer

HUDSON CITY BANCORP INC

CIK 0000921847

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Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000921847

Filing Metadata

Form type
4
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 7:30 PM ET
Size
33.3 KB
View on SEC.gov