FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SALAMONE DENIS J
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
(Last)          (First)          (Middle)

WEST 80 CENTURY ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

1/28/2008
(Street)

PARAMUS, NJ 07652
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   1/28/2008     P    2000   A $15.56   956458   (7) D  
 
Common Stock, par value $0.01/share   1/28/2008     I    1282   A $15.94   11666   I   By PIB   (6)
Common Stock, par value $0.01/share                  136810   (7) I   By GRAT   (5)
Common Stock, par value $0.01/share                  28854   D   (1)
 
Common Stock, par value $0.01/share                  29091   I   By ESOP  
Common Stock, par value $0.01/share                  6412   I   By IRA  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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                   1/13/2002   10/28/2011   Common Stock   820736     820736   D  
 
Stock Option (Right to Buy)   $12.76                     (3) 7/20/2016   Common Stock   750000     750000   D  
 
Stock Option (Right to Buy)   $12.22                     (2) 2/18/2014   Common Stock   320599     320599   D  
 
Phantom Stock Units     (4)                   (4)   (4) Common Stock   47125     47125   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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SALAMONE DENIS J
WEST 80 CENTURY ROAD
PARAMUS, NJ 07652
X
Senior Executive VP

Signatures
Veronica A. Olszewski, Attorney-in-fact 1/30/2008
** 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.
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