CAPITAL BANK CORP 4
4 · CAPITAL BANK CORP · Filed Jan 3, 2007
Insider Transaction Report
Form 4
MCCLURE JAMES G
Director
Transactions
- Award
Phantom Stock Units
2006-12-31$17.33/sh+1,551$26,879→ 1,551 totalFrom: 2008-01-01Exp: 2008-01-01→ Common Stock (1,551 underlying)
Holdings
- 16,225
Common Stock
- 5,381(indirect: By Spouse)
Common Stock
- 30,540(indirect: By IRA)
Common Stock
- 7,495(indirect: By Spouse)
Common Stock
Footnotes (2)
- [F1]Owned jointly with spouse.
- [F2]"Phantom stock units" acquired by the reporting person from the Capital Bank Corporation Deferred Compensation Plan for Outside Directors (As Amended and Restated Effective January 1, 2005). Each phantom stock unit is the economic equivalent of one share of Capital Bank Corporation common stock. The units are payable in stock or cash, at the discretion of Capital Bank Corporation, upon the reporting person's termination of service as a director due to retirement, disability, or death, or upon a date certain specified by the participant.