4//SEC Filing
HERMANCE RONALD E JR 4
Accession 0001403488-12-000015
CIK 0000921847other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 4:43 PM ET
Size
21.0 KB
Accession
0001403488-12-000015
Insider Transaction Report
Form 4
HERMANCE RONALD E JR
DirectorChairman, President & CEO
Transactions
- Award
Stock Option (Right to Buy)
2012-01-24+750,000→ 750,000 totalExercise: $12.03Exp: 2019-01-22→ Common Stock (750,000 underlying)
Holdings
- 3,013(indirect: By IRA)
Common Stock, par value $0.01 per share
- 1,125,000
Stock Option (Right to Buy)
Exercise: $13.78From: 2010-01-26Exp: 2017-01-25→ Common Stock (1,125,000 underlying) - 1,250,000
Stock Option (Right to Buy)
Exercise: $15.69From: 2011-01-25Exp: 2018-01-24→ Common Stock (1,250,000 underlying) - 242,376
Phantom Stock Units
Exercise: $0.00→ Common Stock (242,376 underlying) - 3,033,178
Common Stock, par value $0.01 per share
- 1,250,000
Stock Option (Right to Buy)
Exercise: $12.76From: 2009-01-20Exp: 2016-07-20→ Common Stock (1,250,000 underlying) - 566,651
Stock Option (Right to Buy)
Exercise: $12.22From: 2006-01-13Exp: 2014-02-18→ Common Stock (566,651 underlying) - 359,150(indirect: By PIB)
Common Stock, par value $0.01 per share
- 28,854(indirect: By Spouse)
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) - 233,690
Phantom Stock Units
Exercise: $0.00→ Common Stock (233,690 underlying) - 223,875(indirect: By Trust)
Common Stock, par value $0.01 per share
- 77,917(indirect: By ESOP)
Common Stock, par value $0.01 per share
Footnotes (4)
- [F1]Performance Stock Option grant, on January 23, 2009, to purchase 750,000 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, 750,000 options vested on January 24, 2012.
- [F2]The reporting person holds the shares through the Hudson City Savings Bank's Profit Incentive Bonus Plan.
- [F3]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.
- [F4]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.
Documents
Issuer
HUDSON CITY BANCORP INC
CIK 0000921847
Entity typeother
Related Parties
1- filerCIK 0001206748
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 4:43 PM ET
- Size
- 21.0 KB