CAPITAL BANK CORP·4

Jul 24, 3:08 PM ET

KOURY ERNEST A JR 4

4 · CAPITAL BANK CORP · Filed Jul 24, 2009

Insider Transaction Report

Form 4
Period: 2009-07-23
Transactions
  • Award

    Phantom Stock Units

    2009-07-23$6.33/sh+1,097$6,9442,371 total
    From: 2011-01-27Exp: 2011-01-27Common Stock (1,097 underlying)
Holdings
  • Common Stock

    2,435
  • Common Stiock

    (indirect: By Children)
    1,500
  • Phantom Stock Units

    From: 2010-01-01Exp: 2010-01-01Common Stock (4,239 underlying)
    4,239
Footnotes (1)
  • [F1]"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

1 file
  • 4
    doc1.xmlPrimary

    FORM 4