CAPITAL BANK CORP 4

4 · CAPITAL BANK CORP · Filed Jan 2, 2008

Form 4

Period: 2007-12-31

Director

Transactions

Exercise/Conversion
Phantom Stock Units
2008-01-01−2,861→ 0 total
From: 2008-01-01Exp: 2008-01-01→ Common Stock (2,861 underlying)
Exercise/Conversion
Common Stock
2008-01-01+2,861→ 313,102 total
Award
Phantom Stock Units
2007-12-31$10.55/sh+4,289$45,249→ 4,289 total
From: 2009-01-01Exp: 2009-01-01→ Common Stock (4,289 underlying)

Holdings

Stock Option (Right to Buy)
Exercise: $10.09From: 1999-12-31Exp: 2009-12-31→ Common Stock (589 underlying)
589
Stock Option (Right to Buy)
Exercise: $8.37From: 2000-12-31Exp: 2011-01-01→ Common Stock (896 underlying)
896
Common Stock
(indirect: By IRA)
77
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (3,250 underlying)
3,250
Stock Option (Right to Buy)
Exercise: $9.30From: 2001-12-31Exp: 2012-01-01→ Common Stock (752 underlying)
752

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