ATKINS CHARLES F 4

4 · CAPITAL BANK CORP · Filed Jan 29, 2010

Form 4

Period: 2010-01-28

Director

Transactions

Award
Phantom Stock Units
2010-01-28$4.04/sh+3,519$14,217→ 9,184 total
From: 2011-01-27Exp: 2011-01-27→ Common Stock (3,519 underlying)

Holdings

Common Stock
29,664
Common Stock
(indirect: By Affiliated Corporation)
50,100
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)
1,000
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (5,000 underlying)
5,000
Common Stock
(indirect: By Affiliated Corporation)
12,999

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 1/1/10 and the date of this report, the reporting person acquired 227 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan.

Documents

1 file