PERKINS GEORGE R III 4
4 · CAPITAL BANK CORP · Filed Jan 23, 2009
Insider Transaction Report
Form 4
PERKINS GEORGE R III
Director
Transactions
- Award
Phantom Stock Units
2009-01-22$6.03/sh+1,170$7,055→ 5,174 totalFrom: 2010-01-01Exp: 2010-01-01→ Common Stock (1,170 underlying)
Holdings
- 64,115(indirect: By Proxy for Father)
Common Stock
- 50,919
Common Stock
- 5,000
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (5,000 underlying) - 2,000
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,000 underlying) - 2,500
Stock Option (Right to Buy)
Exercise: $8.00From: 2000-01-03Exp: 2010-01-03→ Common Stock (2,500 underlying)
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.