X0303 4 2009-06-05 0 0001225874 VSB BANCORP INC VSBN 0001231749 BRANCA RAFFAELE M C/O VSB BANCORP INC 4142 HYLAN BOULEVARD STATEN ISLAND NY 10308 1 1 0 0 President & CEO Common Stock 2009-06-05 2009-06-05 4 M 0 5500 5.1 A 25437 D Common Stock 50218 I Represents shares held in Mr. Branca's IRA account Common Stock 4002.241 I Represents shares allocated to Mr. Branca under the VSB Bancorp, Inc. ESOP. Common Stock 700 I Mr. Branca disclaims any pecuniary interest in the shares held by his wife. Call Option 5.1 2009-06-05 2009-06-05 4 X 0 5500 5.1 A 2004-06-08 2009-06-08 Common Stock 5500 0 D Call Option 4.75 2005-04-25 2010-04-25 Common Stock 8125 8125 D Call Option 17.6 2005-12-31 2014-04-27 Common Stock 6250 6250 D Call Option 11.75 2010-11-15 2017-11-15 Common Stock 3250 3250 D Represents stock options exercised, originally issued on June 8, 1999, under the VSB Bancorp, Inc. Restated 1998 Incentive Stock Option Plan. 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. Raffaele M Branca 2009-06-08