CAPITAL BANK CORP 4

4 · CAPITAL BANK CORP · Filed Jan 2, 2008

Form 4

Period: 2007-12-31

Director

Transactions

Award
Phantom Stock Units
2007-12-31$10.55/sh+3,297$34,783→ 3,297 total
From: 2009-01-01Exp: 2009-01-01→ Common Stock (3,297 underlying)
Exercise/Conversion
Phantom Stock Units
2008-01-01−2,056→ 0 total
From: 2008-01-01Exp: 2008-01-01→ Common Stock (2,056 underlying)
Exercise/Conversion
Common Stock
2008-01-01+2,056→ 20,236 total

Holdings

Stock Option (Right to Buy)
Exercise: $14.00From: 1998-08-10Exp: 2008-08-10→ Common Stock (2,500 underlying)
2,500
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (5,000 underlying)
5,000
Common Stock
(indirect: By Spouse)
14,566
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,750 underlying)
2,750
Common Stock
(indirect: By Spouse)
1,033

Footnotes (4)

[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.
[F2]Between August 24, 2007 and the date of this report, the reporting person acquired 290 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan.
[F3]Between August 24, 2007 and the date of this report, the reporting person acquired 84 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan.
[F4]Between August 24, 2007 and the date of this report, the reporting person acquired 15 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan.

Documents

2 files