ATKINS CHARLES F 4

4 · CAPITAL BANK CORP · Filed Jan 2, 2009

Form 4

Period: 2009-01-01

Director

Transactions

Exercise/Conversion
Phantom Stock Units
2009-01-01−3,175→ 0 total
From: 2009-01-01Exp: 2009-01-01→ Common Stock (3,175 underlying)
Exercise/Conversion
Common Stock
2009-01-01+3,175→ 22,990 total

Holdings

Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,000 underlying)
2,000
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (5,000 underlying)
5,000
Stock Option (Right to Buy)
Exercise: $8.00From: 2000-01-03Exp: 2010-01-03→ Common Stock (2,500 underlying)
2,500
Common Stock
(indirect: By Affiliated Corporation)
50,100
Phantom Stock Units
From: 2010-01-01Exp: 2010-01-01→ Common Stock (5,034 underlying)
5,034
Common Stock
(indirect: By Affiliated Corporation)
1,000
Common Stock
(indirect: By Affiliated Corporation)
12,136

Footnotes (4)

[F1]AGA Corporation - 19.8% owned by reporting person.
[F2]AK&K Corporation ? 25% owned by reporting person.
[F3]Taboys Corporation - 100% owned by reporting person.
[F4]"Phantom stock units" acquired by the reporting person from the Capital Bank Corporation Deferred Compensation Plan for Outside Directors (As Amended and Restated November 20, 2008). Each phantom stock unit is the economic equivalent of one share of Capital Bank Corporation common stock. The units are payable in stock upon the reporting person's termination of service as a director due to complete retirement, disability, death, or other separation from service, or upon a date certain specified by the participant.

Documents

2 files