SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MACALUSO JAN M

(Last)

(First)

(Middle)

EVP, CAO & CONTROLLER

HIBERNIA NATIONAL BANK, P. O. BOX 61540

(Street)

NEW ORLEANS

70161

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
HIBERNIA CORP [ HIB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, CAO & Controller

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2005

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/08/2005		M		2,400	A	$10.1875	4,223.1481	D
Common Stock	08/08/2005		M		2,300	A	$13.4375	6,523.1481	D
Common Stock	08/08/2005		M		3,000	A	$18.2813	9,523.1481	D
Common Stock	08/08/2005		M		3,500	A	$16.0938	13,023.1481	D
Common Stock	08/08/2005		M		5,000	A	$9.9063	18,023.1481	D
Common Stock	08/08/2005		M		4,750	A	$13.47	22,773.1481	D
Common Stock	08/08/2005		S		2,210	D	$34.15	20,563.1481	D
Common Stock	08/08/2005		S		1,800	D	$34.16	18,763.1481	D
Common Stock	08/08/2005		S		4,400	D	$34.31	14,363.1481	D
Common Stock	08/08/2005		S		7,740	D	$34.33	6,623.1481	D
Common Stock	08/08/2005		S		3,600	D	$34.34	3,023.1481	D
Common Stock	08/08/2005		S		1,200	D	$34.35	1,823.1481	D
Common Stock	08/08/2005		J⁽¹⁾		25.604	A	$0	1,848.7521	D
Common Stock	08/08/2005		J⁽²⁾		289.1791	A	$0	2,311.7362	I	by ESOP⁽³⁾
Common Stock	08/08/2005		J⁽⁴⁾		353.098	A	$0	7,605.418	I	by Ret Security Plan⁽⁵⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$9.9063	08/08/2005		M			5,000	⁽⁶⁾	01/25/2010	Common Stock	5,000	$9.9063	0	D
Non-Qualified Stock Option (right to buy)	$10.1875	08/08/2005		M			2,400	⁽⁷⁾	03/18/2006	Common Stock	2,400	$10.1875	0	D
Non-Qualified Stock Option (right to buy)	$13.4375	08/08/2005		M			2,300	⁽⁸⁾	01/27/2007	Common Stock	2,300	$13.4375	0	D
Non-Qualified Stock Option (right to buy)	$13.47	08/08/2005		M			4,750	⁽⁹⁾	01/23/2011	Common Stock	4,750	$13.47	4,750	D
Non-Qualified Stock Option (right to buy)	$16.0938	08/08/2005		M			3,500	⁽¹⁰⁾	01/26/2009	Common Stock	3,500	$16.0938	0	D
Non-Qualified Stock Option (right to buy)	$18.2813	08/08/2005		M			3,000	⁽¹¹⁾	01/27/2008	Common Stock	3,000	$18.2813	0	D
Non-Qualified Stock Option (right to buy)	$17.955							⁽¹²⁾	01/28/2012	Common Stock	11,000		11,000	D
Non-Qualified Stock Option (right to buy)	$18.525							⁽¹³⁾	01/27/2013	Common Stock	11,000		11,000	D
Non-Qualified Stock Option (right to buy)	$23.23							⁽¹⁴⁾	01/26/2014	Common Stock	25,000		25,000	D
Non-Qualified Stock Option (right to buy)	$26.35							⁽¹⁵⁾	01/24/2015	Common Stock	25,000		25,000	D

Explanation of Responses:

1. Exempt acquisition under dividend reinvestment plans.

2. Exempt acquisition under tax conditioned plan.

3. Represents number of shares beneficially owned as of December 31, 2004, based on information from the plan record keeper.

4. Exempt acquisition under tax conditioned plan.

5. Represents number of shares beneficially owned as of August 8, 2005, based on information from the plan record keeper.

6. This option becomes exercisable as to 2,500 shares on January 25, 2002, an additional 1,250 shares on January 25, 2003 and the remaining 1,250 shares on January 25, 2004, except that, in the event of a change of control of Hibernia Corporation, the option will be exercisable immediately as to all shares.

7. This option becomes exercisable as to 1,200 shares on March 18, 1998, an additional 600 shares on March 18, 1999 and the remaining 600 shares on March 18, 2000, except that, in the event of a change of control of Hibernia Corporation, the option will be exercisable immediately as to all shares.

8. This option becomes exercisable as to 1,150 shares on January 27, 1999, an additional 575 shares on January 27, 2000 and the remaining 575 shares on January 27, 2001, except that, in the event of a change of control of Hibernia Corporation, the option will be exercisable immediately as to all shares.

9. This option becomes exercisable as to 4,750 shares on January 23, 2003, an additional 2,375 shares on January 23, 2004 and the remaining 2,375 shares on January 23, 2005, except that, in the event of a change of control of Hibernia Corporation, the option will be exercisable immediately as to all shares.

10. This option becomes exercisable as to 1,750 shares on January 26, 2001, an additional 875 shares on January 26, 2002 and the remaining 875 shares on January 26, 2003, except that, in the event of a change of control of Hibernia Corporation, the option will be exercisable immediately as to all shares.

11. This option becomes exercisable as to 1,500 shares on January 27, 2000, an additional 750 shares on January 27, 2001 and the remaining 750 shares on January 27, 2002, except that, in the event of a change of control of Hibernia Corporation, the option will be exercisable immediately as to all shares.

12. This option becomes exercisable as to 5,500 shares on January 28, 2004, an additional 2,750 shares on January 28, 2005 and the remaining 2,750 shares on January 28, 2006, except that, in the event of a change of control of Hibernia Corporation, the option will be exercisable immediately as to all shares.

13. This option becomes exercisable as to 5,500 shares on January 27, 2005, an additional 2,750 shares on January 27, 2006, and the remaining 2,750 shares on January 27, 2007, except that, in the event of a change of control of Hibernia Corporation, the option will be exercisable immediately as to all shares.

14. This option becomes exercisable as to 12,500 shares on January 26, 2006, an additional 6,250 shares on January 26, 2007 and the remaining 6.250 shares on January 26, 2008, except that, in the event of a change of control of Hibernia Corporation, the option will be exercisable immediately as to all shares.

15. This option becomes exercisable as to 12,500 shares on January 24, 2007, an additional 6,250 shares on January 24, 2008, and the remaining 6,250 shares on January 24, 2009, except that, in the event of a change of control of Hibernia Corporation, the option will be exercisable immediately as to all shares.

	By: /s/ Cathy E. Chessin For: Jan M. Macaluso	08/10/2005
	** 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 4 (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).
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