4//SEC Filing
HUDSON CITY BANCORP INC 4
Accession 0001239747-07-000004
CIK 0000921847operating
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 3:10 PM ET
Size
19.4 KB
Accession
0001239747-07-000004
Insider Transaction Report
Form 4
TASSILLO JOHN M
Executive Vice President
Transactions
- Award
Stock Option (Right to Buy)
2007-01-26+135,000→ 135,000 totalExercise: $13.78Exp: 2017-01-26→ Common Stock (135,000 underlying) - Award
Phantom Stock Units
2006-12-31+7,337→ 35,219 total→ Common Stock (7,337 underlying) - Exercise/Conversion
Common Stock, par value $0.01 per share
2007-01-29$4.20/sh+23,756$99,775→ 23,759 total - Exercise/Conversion
Stock Option (Right to Buy)
2007-01-29−23,756→ 8,304 totalExercise: $4.20Exp: 2012-01-09→ Common Stock (23,756 underlying)
Holdings
- 240,449
Stock Option (Right to Buy)
Exercise: $12.22Exp: 2014-02-18→ Common Stock (240,449 underlying) - 150,000
Stock Option (Right to Buy)
Exercise: $12.76Exp: 2016-07-21→ Common Stock (150,000 underlying) - 46,896(indirect: By ESOP)
Common Stock, par value $0.01 per share
- 247,234(indirect: By GRAT)
Common Stock, par value $0.01 per share
- 25,648
Common Stock, par value $0.01 per share
Footnotes (7)
- [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. The shares awarded were adjusted to reflect a 3.206-for-1 stock split on June 7, 2005 and 6,412 shares vested and became directly owned by the reporting person on April 20, 2006. Such award will vest at a rate of 6,412 shares per year on each of April 20, 2007, 2008, 2009 and 2010.
- [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. The options awarded and the exercise price of those options were adjusted to reflect a 3.206-for-1 stock split on June 7, 2005 and 48,090 options vested and became exercisable on each of January 13, 2006 and 2007. The remaining options will vest at a rate of 48,090 shares per year on each of January 13, 2008, 2009 and 2010.
- [F3]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. The options awarded were adjusted to reflect a 3.206-for-1 stock split on June 7, 2005 and 32,060 options vested and become exercisable on each of January 13, 2006 and 2007.
- [F4]The reporting person is due, upon retirement, the equivalent dollar value of 35,219 shares at December 31, 2006 through the Hudson City Savings Bank ESOP Restoration Plan.
- [F5]The shares reported were contributed to a grantor retained annuity trust on January 3, 2007 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. The 247,234 shares listed were previously reported as directly beneficially owned by the reporting person.
- [F6]Grant to the reporting person of options to buy 150,000 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2006 Stock Incentive Plan, which the stockholders approved at the Annual Meeting of Stockholders of Hudson City Bancorp, Inc. held on June 8, 2006, was effective July 21, 2006. Such options will fully vest and become exercisable on July 21, 2007.
- [F7]Grant to the reporting person of options to buy 135,000 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2006 Stock Incentive Plan, which the stockholders approved at the Annual Meeting of Stockholders of Hudson City Bancorp, Inc. held on June 8, 2006, was effective January 26, 2007. Such options will fully vest and become exercisable on January 26, 2008.
Documents
Issuer
HUDSON CITY BANCORP INC
CIK 0000921847
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000921847
Filing Metadata
- Form type
- 4
- Filed
- Jan 29, 7:00 PM ET
- Accepted
- Jan 30, 3:10 PM ET
- Size
- 19.4 KB