X0303 4 2011-01-18 0000921847 HUDSON CITY BANCORP INC HCBK 0001239747 BEIERLE LOUIS J WEST 80 CENTURY ROAD PARAMUS NJ 07652 0 1 0 0 Senior Vice President Common Stock, par value $0.01 per share 58255 D Common Stock, par value $0.01 per share 44295 I By ESOP Common Stock, par value $0.01 per share 16164 I By PIB Stock Option (Right to Buy) 15.69 2011-01-18 4 A 0 50000 0 A 2018-01-24 Common Stock 50000 50000 D Stock Option (Right to Buy) 12.76 2016-07-20 Common Stock 100000 100000 D Stock Option (Right to Buy) 12.22 2006-01-13 2014-02-18 Common Stock 64120 64120 D Stock Option (Right to Buy) 12.76 2009-01-20 2016-07-20 Common Stock 50000 50000 D Stock Option (Right to Buy) 13.78 2010-01-26 2017-01-25 Common Stock 45000 45000 D Stock Option (Right to Buy) 11.91 2005-01-13 2014-01-21 Common Stock 32059 32059 D The reported total includes 6,667 shares of unvested restricted stock awarded under the Hudson City Bancorp, Inc. 2006 Stock Incentive Plan (the "Plan") of which 3,333 shares will vest on January 23, 2011 and the remaining 3,334 shares will vest on January 23, 2012 subject only to continued employment through the vesting date. Performance Stock Option grant, on January 25, 2008, to purchase 50,000 shares of common stock pursuant to the Plan. The options are to vest on January 25, 2011 based on 1) satisfaction of certain corporate performance measures and 2) approval by the Company's Compensation Committee that the measures were satisfied. The performance criteria have been met and, on January 18, 2011, approved. Accordingly 50,000 options will vest on January 25, 2011 subject only to continued employment through the vesting date. Option grant, on July 21, 2006, to purchase 100,000 shares of common stock pursuant to the Plan. 60,000 options have vested and the remaining 40,000 options will vest on July 21, 2011. Shares are held in the reporting person's account in the Hudson City Savings Bank Profit Incentive Bonus Plan. 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 continuous service by the reporting person through such dates. Under applicable SEC regulations, these option grants are reportable in Table II of Form 4 only if and when the performance conditions have been satisfied. Veronica A. Olszewski, Attorney-in-fact 2011-01-20