BRANCA RAFFAELE M 4
4 · VSB BANCORP INC · Filed Sep 13, 2004
Insider Transaction Report
Form 4
VSB BANCORP INCVSBN
BRANCA RAFFAELE M
DirectorPresident & CEO
Transactions
- Exercise of In-Money
Common Stock
2004-09-10$5.94/sh+160$950→ 560 total(indirect: By Spouse) - Exercise of In-Money
Common Stock
2004-09-10$7.19/sh+400$2,875→ 400 total(indirect: By Spouse)
Footnotes (4)
- [F1]Represents the exercise of stock options under the Restated 1998 Incentive Stock Ownership Plan by Mr. Branca's spouse Dawn Marie Branca, for which Mr. Branca disclaims voting power and beneficial ownership.
- [F2]Represents the exercise of stock options under the Restated 2000 Incentive Stock Ownership Plan by Mr. Branca's spouse Dawn Marie Branca, for which Mr. Branca disclaims voting power and beneficial ownership.
- [F3]The exercise price represents 200 options granted on 7/14/98 at $8.00 per share (adjusted for all splits) and 200 options granted on 6/8/99 at $6.375 per share (adjusted for all splits).
- [F4]Mr. Branca disclaims voting power and beneficial ownership over his spouse's shares.