LEE MICHAEL B 4
4 · HUDSON CITY BANCORP INC · Filed Jan 26, 2012
Insider Transaction Report
Form 4
LEE MICHAEL B
Senior Vice President
Transactions
- Award
Stock Option (Right to Buy)
2012-01-24+67,500→ 67,500 totalExercise: $12.03Exp: 2019-01-22→ Common Stock (67,500 underlying)
Holdings
- 44,003(indirect: By PIB)
Common Stock, par value $0.01 per share
- 150,000
Stock Option (Right to Buy)
Exercise: $12.76From: 2009-07-21Exp: 2016-07-20→ Common Stock (150,000 underlying) - 75,000
Stock Option (Right to Buy)
Exercise: $12.76From: 2009-01-20Exp: 2016-07-20→ Common Stock (75,000 underlying) - 30,000(indirect: By Trust)
Common Stock, par value $0.01 per share
- 236,979
Common Stock, par value $0.01 per share
- 67,500
Stock Option (Right to Buy)
Exercise: $13.78From: 2010-01-26Exp: 2017-01-25→ Common Stock (67,500 underlying) - 74,462(indirect: By ESOP)
Common Stock, par value $0.01 per share
- 128,240
Stock Option (Right to Buy)
Exercise: $12.22From: 2006-01-13Exp: 2014-02-18→ Common Stock (128,240 underlying) - 75,000
Stock Option (Right to Buy)
Exercise: $15.69From: 2011-01-25Exp: 2018-01-24→ Common Stock (75,000 underlying) - 320(indirect: By Spouse)
Common Stock, par value $0.01 per share
- 1,873
Phantom Stock Units
Exercise: $0.00→ Common Stock (1,873 underlying)
Footnotes (3)
- [F1]Performance Stock Option grant, on January 23, 2009, to purchase 67,500 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2006 Stock Incentive Plan. The options were to vest on January 23, 2012 based on 1) satisfaction of certain corporate performance measures and 2) approval by the Company's Compensation Committee that the measures were satisfied. The performance criteria have been met and, on January 24, 2012, approved. Accordingly, 67,500 options vested on January 24, 2012.
- [F2]Shares are held in the reporting person's account in the Hudson City Savings Bank Profit Incentive Bonus Plan.
- [F3]The reporting person is due, upon retirement, the equivalent dollar value of 1,873 shares at December 31, 2010 through the Hudson City Savings Bank ESOP Restoration Plan.