GREENE COUNTY BANCORP INC — Director's Dealing 2010

Nov 18, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GREENE COUNTY BANCORP INC (GCBC)
CIK: 0001070524
Period of Report: 2010-11-16

Reporting Person: NELSON STEPHEN E (EVP Lending)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-16	Common Stock	M	271	$12.50	Acquired	351	Direct
2010-11-16	Common Stock	S	271	$18.00	Disposed	80	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-16	Stock Options	$12.50	M	271	Disposed	2018-08-19	Common Stock (271)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6982	Indirect
Common Stock	1544	Indirect

Footnotes

F1: The stock options will vest at a rate of one-third per Company fiscal year assuming certain cumulative earning performance criteria are met.