WORNOM SAMUEL J III 4

4 · CAPITAL BANK CORP · Filed Jan 23, 2009

Form 4

Period: 2009-01-22

Director

Transactions

Award
Phantom Stock Units
2009-01-22$6.03/sh+1,476$8,900→ 6,108 total
From: 2010-01-01Exp: 2010-01-01→ Common Stock (1,476 underlying)

Holdings

Common Stock
(indirect: By Trust)
1,111
Stock Option (Right to Buy)
Exercise: $8.00From: 2000-01-03Exp: 2010-01-03→ Common Stock (2,500 underlying)
2,500
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,750 underlying)
2,750
Common Stock
47,269
Common Stock
(indirect: By Partnership)
4,553
Common Stock
(indirect: By Trust)
1,111
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (7,000 underlying)
7,000
Phantom Stock Units
→ Common Stock (8,870 underlying)
8,870

Footnotes (3)

[F1]Education Irrevocable Trust: Bryan J. Philips and Samuel J. Wornom, III, Trustee.
[F2]Education Irrevocable Trust: Richard C, McKay, Jr. and Samuel J. Wornom, III, Trustee.
[F3]"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

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