4//SEC Filing
LEE MICHAEL B 4
Accession 0001403488-09-000015
CIK 0000921847other
Filed
Jan 26, 7:00 PM ET
Accepted
Jan 27, 12:25 PM ET
Size
16.9 KB
Accession
0001403488-09-000015
Insider Transaction Report
Form 4
LEE MICHAEL B
Senior Vice President
Transactions
- Sale
Common Stock, par value $0.01/ share
2009-01-23$11.87/sh−100,000$1,187,000→ 247,803 total
Holdings
- 44,003(indirect: By PIB)
Common Stock, par value $0.01/ share
- 75,000
Stock Option (Right to Buy)
Exercise: $12.76From: 2009-01-20Exp: 2016-07-20→ Common Stock (75,000 underlying) - 6,412
Common Stock, par value $0.01/ share
- 320(indirect: By Spouse)
Common Stock, par value $0.01/ share
- 150,000
Stock Option (Right to Buy)
Exercise: $12.76Exp: 2016-07-20→ Common Stock (150,000 underlying) - 82
Phantom Stock Units
→ Common Stock (82 underlying) - 57,083(indirect: By ESOP)
Common Stock, par value $0.01/ share
- 128,240
Stock Option (Right to Buy)
Exercise: $12.22Exp: 2014-02-18→ Common Stock (128,240 underlying)
Footnotes (6)
- [F1]Award to the reporting person of 5,000 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"), effective February 19, 2004. The shares awarded were adjusted to reflect a 3.206-for-1 stock split on June 7, 2005 and 3,206 shares vested and became directly owned by the reporting person on each of April 20, 2006, 2007 and 2008. Such award will vest at a rate of 3,206 shares per year on each of April 20, 2009 and 2010.
- [F2]Grant to the reporting person of options to purchase 40,000 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2000 Stock Option Plan, which the stockholders approved at the Special Meeting, 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 25,648 shares vested and became exercisable by the reporting person on each of January 13, 2006, 2007, 2008 and 2009. The remaining 25,648 options will vest and become exercisable on January 13, 2010.
- [F3]Grant to the reporting person of options to purchase 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 vest and become exercisable at a rate of 60% on July 21, 2009 with the remaining 40% vesting on July 21, 2011.
- [F4]Shares are held in the reporting person's account in the Hudson City Savings Bank Profit Incentive Bonus Plan.
- [F5]The reporting person is due, upon retirement, the equivalent dollar value of 82 shares at December 31, 2007 through the Hudson City Savings Bank ESOP Restoration Plan.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.76 to $12.03, inclusive. The reporting person undertakes to provide to Hudson City Bancorp, Inc., any security holder of Hudson City Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 6 to this Form 4.
Documents
Issuer
HUDSON CITY BANCORP INC
CIK 0000921847
Entity typeother
Related Parties
1- filerCIK 0001206759
Filing Metadata
- Form type
- 4
- Filed
- Jan 26, 7:00 PM ET
- Accepted
- Jan 27, 12:25 PM ET
- Size
- 16.9 KB