4//SEC Filing
LEE MICHAEL B 4
Accession 0001403488-10-000004
CIK 0000921847other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 5:03 PM ET
Size
19.5 KB
Accession
0001403488-10-000004
Insider Transaction Report
Form 4
LEE MICHAEL B
Senior Vice President
Transactions
- Award
Stock Option (Right to Buy)
2010-01-19+67,500→ 67,500 totalExercise: $13.78Exp: 2017-01-25→ Common Stock (67,500 underlying) - Award
Common Stock, par value $0.01 per share
2010-01-19+18,750→ 21,956 total
Holdings
- 63,161(indirect: By ESOP)
Common Stock, par value $0.01 per share
- 75,000
Stock Option (Right to Buy)
Exercise: $12.76From: 2009-01-20Exp: 2016-07-20→ Common Stock (75,000 underlying) - 249,872
Common Stock, par value $0.01 per share
- 320(indirect: By Spouse)
Common Stock, par value $0.01 per share
- 150,000
Stock Option (Right to Buy)
Exercise: $12.76Exp: 2016-07-20→ Common Stock (150,000 underlying) - 128,240
Stock Option (Right to Buy)
Exercise: $12.22From: 2006-01-13Exp: 2014-02-18→ Common Stock (128,240 underlying) - 494
Phantom Stock Units
Exercise: $0.00→ Common Stock (494 underlying) - 44,003(indirect: By PIB)
Common Stock, par value $0.01 per share
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, 2008, and 2009. The remaining 3,206 shares will vest and become directly owned by the reporting person on April 20, 2010.
- [F2]On January 23, 2009 the reporting person received an award of Performance Retention Restricted Stock of 18,750 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2006 Stock Incentive Plan (the "Plan"), which the stockholders approved at the Annual Meeting of Stockholders of Hudson City Bancorp, Inc. held on June 8, 2006. The award will vest and become directly owned by the reporting person at a rate of 6,250 shares per year on each of January 23, 2010, 2011 and 2012 based on 1) satisfaction of certain corporate measures during the 2009 fiscal year and 2) certification by the Company's Compensation Committee that the measures were satisfied. The performance criteria for 2009 have been met and on January 19, 2010, certified. Accordingly, 6,250 shares will vest and become directly owned by the reporting person on January 23, 2010.
- [F3]On January 26, 2007, the reporting person received a grant of Performance Stock Options to purchase 67,500 shares of common stock pursuant to the Plan, which the stockholders approved at the Annual Meeting of Stockholders of Hudson City Bancorp, Inc. held on June 8, 2006. The options are to vest on January 26, 2010 based on 1) satisfaction, from January 1, 2007 through December 31, 2009, of certain corporate performance measures and 2) certification by the Company's Compensation Committee that the measures were satisfied. The performance criteria have been met, and on January 19, 2010, certified. Accordingly, 67,500 options will vest and become exercisable by the reporting person on January 26, 2010.
- [F4]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. 90,000 of such options vested and became exercisable by the reporting person on July 21, 2009. The remaining 60,000 will vest and become exercisable by the reporting person on July 21, 2011.
- [F5]Shares are held in the reporting person's account in the Hudson City Savings Bank Profit Incentive Bonus Plan.
- [F6]The reporting person is due, upon retirement, the equivalent dollar value of 494 shares at December 31, 2008 through the Hudson City Savings Bank ESOP Restoration Plan.
Documents
Issuer
HUDSON CITY BANCORP INC
CIK 0000921847
Entity typeother
Related Parties
1- filerCIK 0001206759
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 5:03 PM ET
- Size
- 19.5 KB