SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Nettleton J. Christopher

(Last) (First) (Middle)
WEST 80 CENTURY ROAD

(Street)
PARMAUS NJ 07652

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2012
3. Issuer Name and Ticker or Trading Symbol
HUDSON CITY BANCORP INC [ HCBK ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.01 per share 60,983(1) D
Common Stock, par value $0.01 per share 23,421 I By ESOP
Common Stock, par value $0.01 per share 17,426 I By PIB(2)
Common Stock, par value $0.01 per share 6,372 I By Spouse/PIB(3)
Common Stock, par value $0.01 per share 5,849 I By Spouse/ESOP
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) 01/13/2005 04/14/2014 Common Stock 128,240 $10.33 D
Stock Option (Right to Buy) 07/21/2009 07/20/2016 Common Stock 100,000 $12.76 D
Stock Option (Right to Buy) 01/20/2009 07/20/2016 Common Stock 50,000 $12.76 D
Stock Option (Right to Buy) 01/25/2011 01/24/2018 Common Stock 50,000 $15.69 D
Stock Option (Right to Buy) 01/26/2010 01/25/2017 Common Stock 45,000 $13.78 D
Stock Option (Right to Buy) 01/13/2006 01/20/2015 Common Stock 32,060 $11.17 D
Explanation of Responses:
1. The reported total includes 3,334 shares of unvested restricted stock awarded under the Hudson City Bancorp, Inc. 2006 Stock Incentive Plan (the "Plan") which will vest on January 23, 2012 subject only to continued employment through the vesting date.
2. Shares held in the reporting person's account in the Hudson City Savings Bank Profit Incentive Bonus Plan.
3. Shares held in the reporting person's spouse's account in the Hudson City Savings Bank Profit Incentive Bonus Plan.
Remarks:
Performance Stock Option grant, on 3/15/11, to purchase 12,300 shares of common stock at $9.50 per share. These options have a 10-yr term ending 3/14/21 and become exercisable on 3/15/14. Performance Deferred Stock Unit award, on 3/15/11, for 9,100 shares of common stock which will vest on 3/15/14. Performance Stock Option grant, on 1/19/10, to purchase 50,000 shares of common stock at $13.12 per share. These options have a 10-yr term ending 1/18/20 and become exercisable on 1/19/13. Performance Stock Option grant, on 1/23/09, to purchase 45,000 shares of common stock at $12.03 per share. These options have a 10-yr term ending 1/22/19 and become exercisable on 1/23/12. Terms may end earlier than 10 years in certain circumstances. Vesting is tied to satisfaction, by the exercisable dates, and approval by the Company's Compensation Committee, of certain corporate performance measures specific to each grant and award, and continuous service by the reporting person through such dates. Under applicable SEC regulations, these option grants and awards are reportable in Table II of Form 4 only if and when the performance conditions have been satisfied. Exhibit List - Exhibit 24 (Power of Attorney)
Veronica A. Olszewski, Attorney-in-fact 01/06/2012
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.