ATKINS CHARLES F 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+1,428$9,039→ 3,545 total
From: 2011-01-27Exp: 2011-01-27→ Common Stock (1,428 underlying)

Holdings

Common Stock
22,990
Common Stock
(indirect: By Affiliated Corporation)
12,438
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 (2,000 underlying)
2,000
Common Stock
(indirect: By Affiliated Corporation)
50,100
Common Stock
(indirect: By Affiliated Corporation)
1,000
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (5,000 underlying)
5,000
Phantom Stock Units
From: 2010-01-01Exp: 2010-01-01→ Common Stock (6,674 underlying)
6,674

Footnotes (5)

[F1]AGA Corporation - 19.8% owned by reporting person.
[F2]AK&K Corporation ? 25% owned by reporting person.
[F3]Taboys Corporation - 100% owned by reporting person.
[F4]"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.
[F5]Between 4/24/09 and the date of this report, the reporting person acquired 302 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan.

Documents

1 file