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Filing Details

Accession Number:: 0001403488-13-000021
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-05-08 16:07:28
Reporting Period:: 2013-05-06

Filing Date:: 2013-05-08
Accepted Time:: 2013-05-08 16:07:28
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
1223547	G William Bardel	West 80 Century Road Paramus NJ 07652		Yes	No	No	No

Reported Non-Derivative Transactions

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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	Disposition	2013-05-06	60,000	$8.32	232,379	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Derivative Holdings

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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	2012-04-25	2021-04-24	22,917	22,917	Direct
Common Stock	Phantom Stock Units	$0.00			10,761	10,761	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
	10,761	10,761	Direct
	5,790	5,790	Direct

Footnotes

Award on April 25, 2011, pursuant to the Hudson City Bancorp, Inc. 2011 Stock Incentive Plan (the "Plan"). The units vested on April 25, 2012 and 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.
Award on April 25, 2012, pursuant to the Plan. The units vested on April 25, 2013 and 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.26 to $8.331, 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.
The reporting person sold shares to repay margin debt incurred to exercise expiring options.