4//SEC Filing
HERMANCE RONALD E JR 4
Accession 0001403488-11-000048
CIK 0000921847other
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 3:13 PM ET
Size
23.1 KB
Accession
0001403488-11-000048
Insider Transaction Report
Form 4
HERMANCE RONALD E JR
DirectorChairman, President & CEO
Transactions
- Award
Phantom Stock Units
2011-10-28$6.29/sh+27,027$170,000→ 233,690 totalExercise: $0.00→ Common Stock (27,027 underlying) - Gift
Common Stock, par value $0.01 per share
2011-08-31+223,875→ 223,875 total(indirect: By Trust) - Gift
Common Stock, par value $0.01 per share
2011-08-31−223,875→ 0 total(indirect: By GRAT)
Holdings
- 1,250,000
Stock Option (Right to Buy)
Exercise: $12.76From: 2009-01-20Exp: 2016-07-20→ Common Stock (1,250,000 underlying) - 1,125,000
Stock Option (Right to Buy)
Exercise: $13.78From: 2010-01-26Exp: 2017-01-25→ Common Stock (1,125,000 underlying) - 77,917(indirect: By ESOP)
Common Stock, par value $0.01 per share
- 1,000,000
Stock Option (Right to Buy)
Exercise: $12.76From: 2009-07-21Exp: 2016-07-20→ Common Stock (1,000,000 underlying) - 1,250,000
Stock Option (Right to Buy)
Exercise: $15.69From: 2011-01-25Exp: 2018-01-24→ Common Stock (1,250,000 underlying) - 28,854(indirect: By Spouse)
Common Stock, par value $0.01 per share
- 566,651
Stock Option (Right to Buy)
Exercise: $12.22From: 2006-01-13Exp: 2014-02-18→ Common Stock (566,651 underlying) - 3,033,178
Common Stock, par value $0.01 per share
- 359,150(indirect: By PIB)
Common Stock, par value $0.01 per share
- 3,013(indirect: By IRA)
Common Stock, par value $0.01 per share
- 242,376
Phantom Stock Units
Exercise: $0.00→ Common Stock (242,376 underlying)
Footnotes (7)
- [F1]The reported total includes 120,000 shares of unvested restricted stock awarded under the Hudson City Bancorp, Inc. 2006 Stock Incentive Plan (the "Plan"), which will vest on January 23, 2012 subject only to continued employment through the vesting date.
- [F2]The shares reported are held in a grantor retained annuity trust for the benefit of the reporting person's spouse and children. The reporting person is the grantor and his spouse serves as trustee.
- [F3]The reporting person holds the shares through the Hudson City Savings Bank's Profit Incentive Bonus Plan.
- [F4]The reporting person is due, upon retirement, the equivalent dollar value of 242,376 shares at December 31, 2010 through the Hudson City Savings Bank ESOP Restoration Plan.
- [F5]Phantom Stock acquired pursuant to prior election under the Hudson City Savings Bank Supplementary Savings Plan and the Hudson City Bancorp, Inc. Officers' Deferred Compensation Plan, payable only in shares of Hudson City Bancorp, Inc. common stock at a specified date after the reporting person terminates all services with Hudson City and its affiliated companies, unless another date of payment is provided under the terms of the Plans.
- [F6]Since the reporting person's last report, 593,414 shares previously reported as indirectly beneficially owned by the GRAT were transferred to directly beneficially owned.
- [F7]Upon termination of the previously reported GRAT on August 31, 2011, 223,875 shares were transferred to a family trust for the benefit of the reporting person's spouse and children, his spouse serves as trustee.
Documents
Issuer
HUDSON CITY BANCORP INC
CIK 0000921847
Entity typeother
Related Parties
1- filerCIK 0001206748
Filing Metadata
- Form type
- 4
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 3:13 PM ET
- Size
- 23.1 KB