UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 25, 2008
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NEW YORK COMMUNITY BANCORP, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-31565 06-1377322
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(State or other jurisdiction of Commission File Number (I.R.S. Employer
incorporation or organization) Identification No.)
615 Merrick Avenue, Westbury, New York 11590
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(Address of principal executive offices)
(516) 683-4100
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(Registrant's telephone number, including area code)
Not applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4c under the Exchange
Act (17 CFR 240.13e-4(c))
CURRENT REPORT ON FORM 8-K
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Item 8.01 Other Events
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On February 25, 2008, John M. Tsimbinos, a director
of New York Community Bancorp, Inc. (the "Company"), adopted a
pre-arranged trading plan (the "Plan") in order to sell shares
for estate planning purposes. The Plan, which was approved by
the Board of Directors of the Company in conformity with the
Company's by-laws, is designed to comply with Rule 10b5-1
under the Securities Exchange Act of 1934, as amended, and the
Company's policies regarding stock transactions by insiders.
The Plan provides for the sale of up to 200,000 of the
1,862,451 shares held directly by Mr. Tsimbinos and up to
300,000 of the 659,836 shares held indirectly by Mr. Tsimbinos
through a grantor retained annuity trust.
In addition, the Plan provides that sales may be
made, subject to minimum price thresholds that are above the
current market, from March 10, 2008 through April 30, 2009.
During the more than one-year period of the Plan, if all of
the designated shares are sold, without consideration of other
activity, Mr. Tsimbinos will still hold 2,156,396 shares in
various accounts, plus options to purchase an additional
33,389 shares.
SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: February 29, 2008 NEW YORK COMMUNITY BANCORP, INC.
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/s/ Ilene A. Angarola
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Ilene A. Angarola
Executive Vice President
and Director, Investor Relations