4//SEC Filing
HUDSON CITY BANCORP INC 4
Accession 0001239747-04-000041
CIK 0000921847operating
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 11:46 AM ET
Size
17.0 KB
Accession
0001239747-04-000041
Insider Transaction Report
Form 4
BIRCHBY JOHN D
Director
Transactions
- Sale
Common Stock, par value $0.01 per share
2004-02-06$39.05/sh−10,000$390,500→ 241,000 total(indirect: By Trust)
Holdings
- 309,600
Common Stock, par value $0.01 per share
- 500,000(indirect: By LLC)
Common Stock, par value $0.01 per share
- 199,000(indirect: By Profit Sharing Plan)
Common Stock, par value $0.01 per share
- 44,000(indirect: By Trust)
Common Stock, par value $0.01 per share
- 1,350(indirect: By IRA)
Common Stock, par value $0.01 per share
- 44,000
Common Stock, par value $0.01 per share
- 100,000(indirect: As Custodian)
Common Stock, par value $0.01 per share
- 10,000(indirect: By Trust)
Common Stock, par value $0.01 per share
- 40,000
Stock Option (Right to Buy)
Exercise: $6.94Exp: 2010-01-13→ Common Stock (40,000 underlying) - 40,000(indirect: By Trust)
Stock Option (Right to Buy)
Exercise: $6.94Exp: 2010-01-13→ Common Stock (40,000 underlying)
Footnotes (9)
- [F1]The reporting person holds the shares through the Profit Sharing Plan of Dieffenbach, Witt & Birchby, a law firm of which the reporting person is a partner.
- [F2]The shares listed are held by a limited liability company ("LLC") of which the reporting person is the Managing Member. The ownership interest in the LLC is determined by the Managing Member of the LLC on the last day of each tax year. The other members of the LLC are Mary E. Birchby, the reporting person's spouse, and a limited partnership, all of the members of which are comprised of members of the reporting person's immediate family.
- [F3]Award to 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. 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. Such shares are subject to a legend until vested. The RRP shares held by the Kenneth L. Birchby 2002 Irrevocable Trust have the same vesting schedule.
- [F4]Grant to the reporting person of options to buy 100,000 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2000 Stock Option Plan which 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 person were adjusted to reflect a 2-for-1 stock split on June 17, 2002 and on each of January 13, 2003 and 2004, options to buy 40,000 shares of common stock vested and became exercisable. The 40,000 unvested options will vest and become exercisable on January 13, 2005. The options held by the Kenneth L. Birchby 2002 Irrevocable Trust have the same vesting schedule.
- [F5]The shares are held as custodian for the reporting persons child under the New Jersey Uniform Transfer to Minors Act.
- [F6]The shares listed are held by the Julia C. Birchby Testamentary Trust, for which the reporting person serves as trustee. The shares listed are held by the Trust for the benefit of the children of the reporting person.
- [F7]The reporting person is the trustee for The Kenneth L. Birchby 2002 Irrevocable Trust and will have sole investment power over the assets in the trust. The trust is for the benefit of Mr. Kenneth L. Birchby, the grantor. The trust is for the benefit of the grantor in his lifetime.
- [F8]The shares are held in a joint account in the names of John D. Birchby and Mary E. Birchby.
- [F9]Since the reporting person's last report, 20,000 shares previously reported as directly beneficially owned by the reporting person have been transferred into a joint account in the names of John D. Birchby and Mary E. Birchby.
Documents
Issuer
HUDSON CITY BANCORP INC
CIK 0000921847
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000921847
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 11:46 AM ET
- Size
- 17.0 KB