PERKINS GEORGE R III 4

4 · CAPITAL BANK CORP · Filed Jan 2, 2009

Form 4

Period: 2009-01-01

Director

Transactions

Exercise/Conversion
Phantom Stock Units
2009-01-01−2,878→ 0 total
From: 2009-01-01Exp: 2009-01-01→ Common Stock (2,878 underlying)
Exercise/Conversion
Common Stock
2009-01-01+2,878→ 50,919 total

Holdings

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 Proxy for Father)
64,115
Stock Option (Right to Buy)
Exercise: $8.00From: 2000-01-03Exp: 2010-01-03→ Common Stock (2,500 underlying)
2,500
Phantom Stock Units
From: 2010-01-01Exp: 2010-01-01→ Common Stock (4,004 underlying)
4,004
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,000 underlying)
2,000

Footnotes (2)

[F1]Reporting person has a revocable proxy agreement dated 2/17/2000 to vote 100% of shares owned by his father, George R. Perkins, Jr.
[F2]"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