WORNOM SAMUEL J III 4
4 · CAPITAL BANK CORP · Filed Jan 29, 2010
Insider Transaction Report
Form 4
WORNOM SAMUEL J III
Director
Transactions
- Award
Phantom Stock Units
2010-01-28$4.04/sh+2,795$11,292→ 8,447 totalFrom: 2011-01-27Exp: 2011-01-27→ Common Stock (2,795 underlying)
Holdings
- 1,194(indirect: By Trust)
Common Stock
- 103,377
Common Stock
- 1,194(indirect: By Trust)
Common Stock
- 7,000
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (7,000 underlying) - 2,750
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,750 underlying) - 8,870
Phantom Stock Units
→ Common Stock (8,870 underlying) - 4,553(indirect: By Partnership)
Common Stock
Footnotes (4)
- [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.
- [F4]Between 1/1/10 and the date of this report, the reporting person acquired 22 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan.