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*
CARPENTER JAMES J
(Last) (First) (Middle)
615 MERRICK AVENUE
(Street)
WESTBURY NY 11590
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NEW YORK COMMUNITY BANCORP INC [ NYB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Sr.EVP & Chief Lending Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/28/2011
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)
Code V Amount (A) or (D) Price
Common Stock 02/28/2011 M 35,556 A $13.85 93,533 D
Common Stock 02/28/2011 F 29,773 D $18.595 63,760 D
Common Stock 6,982 I By 401(k)
Common Stock 36,130 I By ESOP
Common Stock 16,166 I By IRA
Common Stock 21,000 I By Stock Award II(1)
Common Stock 40,000 I By Stock Award III(2)
Common Stock 42,000 I By Stock Award IV(3)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $13.85 02/28/2011 M 35,556 07/24/2004(4) 07/24/2012 Common Stock 35,556 $13.85 0.0000 D
Stock Option (right to buy) $16.06 01/21/2004(5) 01/21/2013 Common Stock 14,222 14,222 D
Stock Option (right to buy) $23.5 09/16/2004(6) 09/16/2013 Common Stock 13,333 13,333 D
Stock Option (right to buy) $16.06 12/30/2005(7) 01/21/2013 Common Stock 7,111 7,111 D
Stock Option (right to buy) $23.5 12/30/2005(8) 09/16/2013 Common Stock 6,667 6,667 D
Explanation of Responses:
1. Stock Awards granted pursuant to the New York Community Bancorp, Inc. 2006 Stock Incentive Plan vest in three equal annual installments commencing on April 4, 2011.
2. Stock Awards granted pursuant to the New York Community Bancorp, Inc. 2006 Stock Incentive Plan vest in four equal annual installments commencing on April 28, 2011.
3. Stock Awards granted pursuant to the New York Community Bancorp, Inc. 2006 Stock Incentive Plan vest in five equal annual installments commencing on March 31, 2011.
4. Stock Options granted pursuant to the New York Community Bancorp, Inc. 1997 Stock Option Plan vest in equal installments beginning on July 24, 2004 and were fully vested and exercisable as of July 24, 2005.
5. Stock Options granted pursuant to the New York Community Bancorp, Inc. 1997 Stock Option Plan vest in equal installments beginning on January 21, 2004 and were fully vested and are exercisable as of January 21, 2005.
6. Stock Options granted pursuant to the 1993 Haven Stock Option Plan vest in equal installments beginning on September 16, 2004 and were fully vested and are exercisable as of September 16, 2005.
7. Stock Options granted pursuant to the New York Community Bancorp, Inc. 1997 Stock Option Plan were fully exercisable as of December 30, 2005.
8. Stock Options granted pursuant to 1993 Haven Stock Option Plan were fully exercisable as of December 30, 2005.
/s/ Ilene A. Angarola, Power of Attorney 03/02/2011
** 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).
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.