CAPITAL BANK CORP·4

Jan 3, 9:02 AM ET

CAPITAL BANK CORP 4

4 · CAPITAL BANK CORP · Filed Jan 3, 2007

Insider Transaction Report

Form 4
Period: 2006-12-31
THOMAS J REX
Director
Transactions
  • Exercise/Conversion

    Phantom Stock Units

    2007-01-012,4510 total
    From: 2007-01-01Exp: 2007-01-01Common Stock (2,451 underlying)
  • Exercise/Conversion

    Common Stock

    2007-01-01+2,45115,380 total
  • Award

    Phantom Stock Units

    2006-12-31$17.33/sh+2,056$35,6302,056 total
    From: 2008-01-01Exp: 2008-01-01Common Stock (2,056 underlying)
Holdings
  • Stock Option (Right to Buy)

    Exercise: $10.65From: 2001-12-28Exp: 2011-12-28Common Stock (5,000 underlying)
    5,000
  • Common Stock

    (indirect: By Spouse)
    14,300
  • Stock Option (Right to Buy)

    Exercise: $18.36From: 2004-12-31Exp: 2014-12-31Common Stock (2,750 underlying)
    2,750
  • Stock Option (Right to Buy)

    Exercise: $14.00From: 1998-08-10Exp: 2008-08-10Common Stock (2,500 underlying)
    2,500
  • Common Stock

    (indirect: By Spouse)
    1,018
Footnotes (1)
  • [F1]"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.

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4