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HUDSON CITY BANCORP INC 4

Accession 0001403488-14-000008

CIK 0000921847operating

Filed

Jan 29, 7:00 PM ET

Accepted

Jan 30, 4:53 PM ET

Size

8.5 KB

Accession

0001403488-14-000008

Insider Transaction Report

Form 4
Period: 2014-01-28
Daly Michael
Senior Vice President
Transactions
  • Award

    Deferred Stock Unit

    2014-01-28+21,00021,000 total
    Exercise: $0.00Common Stock (21,000 underlying)
Holdings
  • Deferred Stock Unit

    Exercise: $0.00Common Stock (1,618 underlying)
    1,618
Footnotes (2)
  • [F1]Represents the number of shares issuable upon future settlement of Deferred Stock Units (DSUs) granted on June 18, 2013 based on satisfaction of certain corporate performance measures, as certified by the Company's Compensation Committee on January 28, 2014. Service conditions on 7,000 of these DSUs were met on January 1, 2014. An additional 7,000 of these DSUs will vest on January 1, 2015 and the remainder will vest on January 1, 2016, assuming continued employment through such dates. 13,125 of these DSUs will be settled on June 18, 2016, and the remainder will be settled on June 18, 2019. Accelerated settlement of vested DSUs may occur in the event of death or disability. Pro-rated, accelerated vesting and settlement may occur in the event of discharge without cause or resignation with good reason following a change in control.
  • [F2]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.

Issuer

HUDSON CITY BANCORP INC

CIK 0000921847

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000921847

Filing Metadata

Form type
4
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 4:53 PM ET
Size
8.5 KB