X0202 4 2006-04-20 0000921847 HUDSON CITY BANCORP INC HCBK 0001206760 OLSZEWSKI VERONICA A WEST 80 CENTURY ROAD PARAMUS NJ 07652 0 1 0 0 Senior Vice President Common Stock, par value $0.01 2006-04-20 4 F 0 6982 13.44 D 159265 D Common Stock, par value $0.01 12824 D Common Stock, par value $0.01 23027 I By ESOP Common Stock, par value $0.01 18389 I By PIB Stock Option (Right to Buy) 12.22 2014-02-18 Common Stock 128239 128239 D Stock Option (Right to Buy) 2.16 2001-01-13 2010-01-13 Common Stock 115416 115416 D Stock Option (Right to Buy) 4.20 2012-01-10 Common Stock 144269 144269 D Award to the reporting person of 5,000 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2000 Recognition and Retention Plan ("RRP"), which the stockholders approved at a Special Meeting of Stockholders of Hudson City Bancorp, Inc. held on January 13, 2000 ("Special Meeting"), effective February 19, 2004. The shares awarded were adjusted to reflect a 3.206-for-1 stock split on June 7, 2005 and 3,206 shares vested and became directly owned by the reporting person on April 20, 2006. Such award will vest at a rate of 3,206 shares per year on each of April 20, 2007, 2008, 2009 and 2010. (Footnote 1 continues in Footnote 2) Previous award to reporting person of 11,300 shares of common stock was made by the Board of Directors pursuant to the RRP, effective January 10, 2002. On April 20, 2002, 2,260 shares vested and became directly owned by the reporting person. The shares awarded pursuant to the RRP were adjusted to reflect a 2-for-1 stock split on June 17, 2002 and on each of April 20, 2003, 2004 and 2005, 4,520 shares vested and became directly owned by the reporting person. The remaining shares awarded were adjusted to reflect the 3.206-for-1 stock split on June 7, 2005 and 14,491 shares vested and became directly owned by the reporting person on April 20, 2006. The reporting person holds the shares through the Hudson City Savings Bank's Profit Incentive Bonus Plan at December 31, 2005. Grant to the reporting person of options to buy 40,000 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2000 Stock Option Plan which the stockholders approved at the Special Meeting, effective February 19, 2004. The options awarded and the exercise price of those options were adjusted to reflect a 3.206-for-1 stock split on June 7, 2005 and 25,647 shares vested and became exercisable on January 13, 2006. Remaining options will vest at a rate of 25,647 shares per year on each of January 13, 2007, 2008, 2009 and 2010. (Footnote 4 continues in Footnote 5) Previous grant to reporting person of options to buy 22,500 shares of common stock was made by the Board of Directors pursuant to the Hudson City Bancorp, Inc. Stock Option Plan, effective January 10, 2002.The options awarded to the reporting person were adjusted to reflect a 2-for-1 stock split on June 17, 2002. On January 13, 2003, 2004 and 2005, 9,000 options vested and became exercisable. The options awarded were adjusted to reflect a 3.206-for-1 stock split and 28,854 shares vested and became exercisable on January 13, 2006. The remaining 28,854 shares will vest and become exercisable on January 13, 2007. The reported transaction represents shares withheld by the issuer to satisfy payroll tax withholding obligations of the reporting person upon vesting of common stock pursuant to Hudson City Bancorp, Inc.'s 2000 RRP. Louis J. Beierle, Attorney-in-fact 2006-04-21