4//SEC Filing
TASSILLO JOHN M 4
Accession 0001239747-05-000061
CIK 0000921847other
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 12:14 PM ET
Size
15.8 KB
Accession
0001239747-05-000061
Insider Transaction Report
Form 4
TASSILLO JOHN M
Executive Vice President
Transactions
- Purchase
Common Stock, par value $0.01 per share
2005-06-07$10.00/sh+50,000$500,000→ 172,829 total
Holdings
- 16,000
Common Stock, par value $0.01 per share
- 61,415(indirect: By GRAT)
Common Stock, par value $0.01 per share
- 6,965
Phanthom Stock Units
→ Common Stock (6,965 underlying) - 57,586
Stock Option (Right to Buy)
Exercise: $6.94From: 2001-01-13Exp: 2010-01-13→ Common Stock (57,586 underlying) - 12,308(indirect: By ESOP)
Common Stock, par value $0.01 per share
- 75,000
Stock Option (Right to Buy)
Exercise: $39.20Exp: 2014-02-18→ Common Stock (75,000 underlying) - 50,000
Stock Option (Right to Buy)
Exercise: $13.49Exp: 2012-01-09→ Common Stock (50,000 underlying)
Footnotes (5)
- [F1]Award to reporting person of 10,000 shares of common stock was made 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), effective February 19, 2004. Such award will vest in equal installments, at a rate of 20% per year, on each of April 20, 2006, 2007, 2008, 2009 and 2010. Previous award to reporting person of 15,000 shares of common stock pursuant to the RRP was made by the Board of Directors, effective January 10, 2002. On April 20, 2002, 3,000 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 each of April 20, 2003, 2004 and 2005 an additional 6,000 shares vested. The remaining 6,000 unvested shares will vest on April 20, 2006.
- [F2]Grant to reporting person of options to buy 75,000 shares of common stock was made pursuant to the Hudson City Bancorp, Inc. 2000 Stock Option Plan, which was approved by stockholders at the Special Meeting, was made by the Board of Directors, effective February 19, 2004. Such award will vest in equal installments, at a rate of 20% per year, on each of January 13, 2006, 2007, 2008, 2009 and 2010. Previous grant to reporting person of options to buy 25,000 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2000 Stock Option Plan was made by the Board of Directors, effective January 10, 2002. The options awarded to the reporting person were adjusted to reflect a 2-for-1 stock split on June 17, 2002. Options to buy 10,000 shares of common stock vested and became exercisable on each of January 13, 2003, 2004 and 2005. An additional 10,000 options will vest and become exercisable on each of January 13, 2006 and 2007.
- [F3]The reporting is due, upon retirement, the equivalent dollar value of 6,965 shares on December 31, 2004 through the Hudson City Savings Bank ESOP Restoration Plan.
- [F4]The shares reported are held in a grantor retained annuity trust for the benefit of the reporting person's children. The reporting person is the grantor, and the reporting person and his son serve as trustees.
- [F5]On June 7, 2005, the common stock of Hudson City Bancorp, Inc. split 3.206-for-1, resulting in the reporting person's acquisition of 2.206 additional shares of common stock for each share owned less fractional shares cashed-out. The number of shares reported as acquired on June 7, 2005 reflect post-split shares. However, but for those post-split shares reported as acquired, all other amounts of securities and derivative securities beneficially owned following the reported transaction do not yet reflect the June 7, 2005 stock split.
Documents
Issuer
HUDSON CITY BANCORP INC
CIK 0000921847
Entity typeother
Related Parties
1- filerCIK 0001206753
Filing Metadata
- Form type
- 4
- Filed
- Jun 8, 8:00 PM ET
- Accepted
- Jun 9, 12:14 PM ET
- Size
- 15.8 KB