PERRY DON W 4

4 · CAPITAL BANK CORP · Filed Jul 24, 2009

Form 4

Period: 2009-07-23

Director

Transactions

Award
Phantom Stock Units
2009-07-23$6.33/sh+1,279$8,096→ 3,395 total
From: 2011-01-27Exp: 2011-01-27→ Common Stock (1,279 underlying)

Holdings

Common Stock
(indirect: By Spouse)
7,500
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)
44,265
Common Stock
(indirect: By Children)
900
Common Stock
21,569
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,500 underlying)
2,500
Phantom Stock Units
From: 2010-01-01Exp: 2010-01-01→ Common Stock (6,590 underlying)
6,590
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (5,000 underlying)
5,000

Footnotes (3)

[F1]Lee Brick & Tile Company - 4% owned by reporting person.
[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.
[F3]Between 4/24/09 and the date of this report, the reporting person acquired 548 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan.

Documents

1 file