KLIE JOHN W 4

4 · HUDSON CITY BANCORP INC · Filed Oct 24, 2003

Form 4

Period: 2003-10-23

Director

Transactions

Sale
Common Stock, par value $0.01 per share
2003-10-23$32.16/sh−22,000$707,454→ 68,000 total
Exercise/Conversion
Stock Option (Right to Buy)
2003-10-23−40,000→ 160,000 total
Exercise: $6.94Exp: 2010-01-13→ Common Stock (40,000 underlying)
Exercise/Conversion
Common Stock, par value $0.01 per share
2003-10-23$6.94/sh+40,000$277,500→ 90,000 total

Holdings

Footnotes (2)

[F1]Award to the reporting person of 55,000 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2000 Recognition and Retention Plan ("RRP"), which the stockholders approved at a Special Meeting of Stockholders of Hudson City Bancorp, Inc. held on January 13, 2000 ("Special Meeting"). On each of April 20, 2001 and 2002, 11,000 shares vested and became directly owned by the reporting person. The shares awarded pursuant to the RRP were adjusted to reflect a 2-for-1 stock split on June 17, 2002 and on April 20, 2003, 22,000 shares vested and became directly owned by the reporting person. An additional 22,000 shares will vest on each of April 20, 2004 and 2005.
[F2]Grant to the reporting person of options to buy 100,000 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2000 Stock Plan that was approved by stockholders at the Special Meeting. Options to buy 20,000 shares of common stock vested and became exercisable on each of January 13, 2001 and 2002. The options awarded to the reporting were adjusted to reflect a 2-for-1 stock split on June 17, 2002 and 40,000 options vested and became exercisable on January 13, 2003. The unexercised options will vest and become exercisable in equal installments, at a rate of 40,000 shares per year, on each of January 13, 2004 and 2005.

Documents

1 file