Daly Michael 4
4 · HUDSON CITY BANCORP INC · Filed Jan 31, 2013
Insider Transaction Report
Form 4
Daly Michael
Senior Vice President
Transactions
- Award
Deferred Stock Unit
2013-01-29+1,617→ 1,617 totalExercise: $0.00→ Common Stock (1,617 underlying)
Footnotes (1)
- [F1]Represents the number of shares issuable upon future settlement of Variable Deferred Stock Units granted on March 30, 2012 based on the Company's return on equity for 2012, as certified by the Compensation Committee of the Board of Directors on January 29, 2013. Such Variable Deferred Stock Units will vest and settle on March 30, 2015 assuming continued employment through such date. Pro-rated, accelerated vesting and settlement may occur in the event of death, disability, retirement. Accelerated vesting and settlement may also occur in the event of discharge without cause or resignation with good reason following a change in control.