GREENE COUNTY BANCORP INC — Director's Dealing 2008

Dec 5, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREENE COUNTY BANCORP INC (GCBC)
CIK: 0001070524
Period of Report: 2008-12-03

Reporting Person: SLUTZKY PAUL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-12-03	Common Stock	P	500	$10.90	Acquired	32200	Direct
2008-12-05	Common Stock	P	300	$10.50	Acquired	32500	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
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 stock options will vest at a rate of one-third per Company fiscal year assuming certain cummulative earnings performance
criteria at met.