Filing Details

Accession Number:
0001403488-12-000033
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-29 16:15:07
Reporting Period:
2012-02-27
Filing Date:
2012-02-29
Accepted Time:
2012-02-29 16:15:07
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
921847 Hudson City Bancorp Inc HCBK Savings Institutions, Not Federally Chartered (6036) 223640393
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1206751 G Joseph Sponholz West 80 Century Road
Paramus NJ 07652
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Acquisiton 2012-02-27 384,720 $5.53 596,930 No 4 M Direct
Common Stock, Par Value $0.01 Per Share Disposition 2012-02-27 384,720 $6.99 212,210 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2012-02-27 384,720 $0.00 384,720 $5.53
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2003-04-20 2012-04-15 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share 6,412 Indirect By Spouse
Common Stock, Par Value $0.01 Per Share 1,000 Indirect By Spouse/IRA
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Stock Option (Right to Buy) $13.47 2011-04-26 2020-04-25 50,000 50,000 Direct
Common Stock Stock Option (Right to Buy) $12.81 2010-04-24 2019-04-23 50,000 50,000 Direct
Common Stock Stock Option (Right to Buy) $18.84 2009-04-24 2018-04-23 50,000 50,000 Direct
Common Stock Stock Option (Right to Buy) $13.35 2008-04-27 2017-04-26 50,000 50,000 Direct
Common Stock Stock Option (Right to Buy) $12.76 2007-07-21 2016-07-20 50,000 50,000 Direct
Common Stock Stock Option (Right to Buy) $9.50 2021-04-24 22,917 22,917 Direct
Common Stock Phantom Stock Units $0.00 5,790 5,790 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2020-04-25 50,000 50,000 Direct
2019-04-23 50,000 50,000 Direct
2018-04-23 50,000 50,000 Direct
2017-04-26 50,000 50,000 Direct
2016-07-20 50,000 50,000 Direct
2021-04-24 22,917 22,917 Direct
5,790 5,790 Direct
Footnotes
  1. Option grant on April 25, 2011 to purchase 22,917 shares of common stock at $9.50 per share pursuant to the Hudson City Bancorp, Inc. 2011 Stock Incentive Plan (the "Plan"). Such options will vest on April 25, 2012.
  2. Award on April 25, 2011, pursuant to the Plan. The units will vest on April 25, 2012 based on continued service through such date. Vested units will be converted to and settled in an equal number of shares of the issuer's common stock on the first day of the calendar month following the sixth month anniversary of termination of service as a director. The reporting person has also been granted dividend equivalent rights, for both vested and unvested units, payable in cash if, as and when dividends are declared and paid on common stock.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.940 to $7.049, inclusive. The reporting person undertakes to provide to Hudson City Bancorp, Inc., any security holder of Hudson City Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 3 of this Form 4.
  4. The shares sold were acquired through the exercise of stock options. All of these options expire in April 2012 and, therefore, must be exercised or forfeited within the next 2 months.