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GREENE COUNTY BANCORP INC Director's Dealing 2011

Aug 24, 2011

33070_dirs_2011-08-24_ccc633cb-56eb-4a48-881b-8f526da7b6b7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREENE COUNTY BANCORP INC (GCBC)
CIK: 0001070524
Period of Report: 2011-08-23

Reporting Person: SLUTZKY PAUL (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-08-23 Common Stock S 259 $17.55 Disposed 13041 Indirect
2011-08-23 Common Stock S 141 $17.53 Disposed 12900 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 32500 Direct
Common Stock 3740 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options $12.50 2018-08-19 Common Stock (6000) 6000 Direct

Footnotes

F1: The reporting person disclaims ownership of 2/3 shares held by his mother's estate of which he is a co-executor and beneficiary.

F2: The stock options will vest at a rate of one-third per Company fiscal year assuming certain cumulative earnings performance criteria are met.