BRANCA RAFFAELE M 4
4 · VSB BANCORP INC · Filed Jun 8, 2009
Insider Transaction Report
Form 4
VSB BANCORP INCVSBN
BRANCA RAFFAELE M
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2009-06-05$5.10/sh+5,500$28,050→ 25,437 total - Exercise of In-Money
Call Option
2009-06-05$5.10/sh+5,500$28,050→ 0 totalExercise: $5.10From: 2004-06-08Exp: 2009-06-08→ Common Stock (5,500 underlying)
Holdings
- 8,125
Call Option
Exercise: $4.75From: 2005-04-25Exp: 2010-04-25→ Common Stock (8,125 underlying) - 3,250
Call Option
Exercise: $11.75From: 2010-11-15Exp: 2017-11-15→ Common Stock (3,250 underlying) - 4,002.241(indirect: Represents shares allocated to Mr. Branca under the VSB Bancorp, Inc. ESOP.)
Common Stock
- 700(indirect: By Spouse)
Common Stock
- 6,250
Call Option
Exercise: $17.60From: 2005-12-31Exp: 2014-04-27→ Common Stock (6,250 underlying) - 50,218(indirect: By IRA)
Common Stock
Footnotes (2)
- [F1]Represents stock options exercised, originally issued on June 8, 1999, under the VSB Bancorp, Inc. Restated 1998 Incentive Stock Option Plan.
- [F2]Mr. Branca has exercised all stock options granted to him on June 8, 1999 under the VSB Bancorp, Inc. Restated 1998 Incentive Stock Option Plan.