CAPITAL BANK CORP 4
4 · CAPITAL BANK CORP · Filed Jan 2, 2008
Insider Transaction Report
Form 4
MCCLURE JAMES G
Director
Transactions
- Exercise/Conversion
Phantom Stock Units
2008-01-01−1,551→ 0 totalFrom: 2008-01-01Exp: 2008-01-01→ Common Stock (1,551 underlying) - Exercise/Conversion
Common Stock
2008-01-01+1,551→ 17,776 total - Award
Phantom Stock Units
2007-12-31$10.55/sh+2,458$25,932→ 2,458 totalFrom: 2009-01-01Exp: 2009-01-01→ Common Stock (2,458 underlying)
Holdings
- 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.