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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* SALAMONE DENIS J (Last) (First) (Middle) WEST 80 CENTURY ROAD (Street) PARAMUS NJ 07652 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol HUDSON CITY BANCORP INC [ HCBK ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) Senior Executive VP
	3. Date of Earliest Transaction (Month/Day/Year) 01/28/2008
	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, par value $0.01/share	01/28/2008		P		2,000	A	$15.56	956,458(7)	D
Common Stock, par value $0.01/share	01/28/2008		I		1,282	A	$15.94	11,666	I	By PIB(6)
Common Stock, par value $0.01/share								136,810(7)	I	By GRAT(5)
Common Stock, par value $0.01/share								28,854	D(1)
Common Stock, par value $0.01/share								29,091	I	By ESOP
Common Stock, par value $0.01/share								6,412	I	By IRA

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)	$3.59							01/13/2002	10/28/2011	Common Stock	820,736		820,736	D
Stock Option (Right to Buy)	$12.76							(3)	07/20/2016	Common Stock	750,000		750,000	D
Stock Option (Right to Buy)	$12.22							(2)	02/18/2014	Common Stock	320,599		320,599	D
Phantom Stock Units	(4)							(4)	(4)	Common Stock	47,125		47,125	D

Explanation of Responses:

1. Award to the reporting person of 15,000 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 9,618 shares vested and became directly owned by the reporting person on each of April 20, 2006 and 2007. Such award will vest at a rate of 9,618 shares per year on each of April 20, 2008, 2009 and 2010.

2. Grant to reporting person of options to buy 100,000 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2000 Stock Option Plan, approved at the Special Meeting, was made by the Board of Directors, 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 64,120 options vested and became exercisable on each of January 13, 2006, 2007 and 2008. The remaining options will vest and become exercisable at a rate of 64,120 shares on January 13, 2009 and 64,119 shares on January 13, 2010.

3. Grant to the reporting person of options to buy 750,000 shares of common stock pursuant to the Hudson City Bancorp, Inc. 2006 Stock Incentive Plan, which the stockholders approved at the Annual Meeting of Stockholders of Hudson City Bancorp, Inc. held on June 8, 2006, effective July 21, 2006. Such options will vest and become exercisable at a rate of 60% on July 21, 2009 with the remaining 40% vesting on July 21, 2011.

4. The reporting person is due upon retirement the equivalent dollar value of 47,125 shares of HCBK common stock as of December 31, 2006 through the Hudson City Savings Bank ESOP Restoration Plan.

5. The shares reported are held in a grantor retained annuity trust that was established for the benefit of the reporting person's children. The reporting person is the grantor and the reporting person and his children serve as trustees.

6. Shares are held in the reporting person's account in the Hudson City Savings Bank Profit Incentive Bonus Plan.

7. Since the reporting person's last report 52,955 shares previously reported in the GRAT were transferred to directly beneficially owned by the reporting person and his spouse.

Remarks:

On January 26, 2007 the reporting person received a grant of Performance Stock Options to purchase 337,500 shares of Common Stock, par value $0.01 per share, at a price per share of $13.78. These options have a 10-year term ending January 25, 2017 (or earlier in certain circumstances) and become exercisable on January 26, 2010 provided that the reporting person remains in continuous service through such date and certain corporate performance measures tied to return on equity and diluted earnings per share have been satisfied. Under applicable SEC regulations, these options are reportable in Table II of Form 4 only if and when the performance conditions have been satisfied. On July 21, 2006, the reporting person received a grant of Performance Stock Options to purchase 375,000 shares of Common Stock, par value $0.01 per share, at a price per share of $12.76. These options have a 10 year term ending July 20, 2016 (or earlier in certain circumstances) and become exercisable on December 31, 2008 provided that the reporting person remains in continuous service through such date and certain corporate performance measures tied to operating efficiency and credit quality have been satisfied. Under applicable SEC regulations these options are reportable in Table II of Form 4 only if and when the performance conditions have been satisfied.

	Veronica A. Olszewski, Attorney-in-fact	01/30/2008
	** 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.