CAPITAL BANK CORP·4

Apr 23, 5:17 PM ET

GRIMES JOHN F III 4

4 · CAPITAL BANK CORP · Filed Apr 23, 2010

Insider Transaction Report

Form 4
Period: 2010-04-22
Transactions
  • Award

    Phantom Stock Units

    2010-04-22$5.04/sh+1,828$9,2131,828 total
    From: 2012-01-26Exp: 2012-01-26Common Stock (1,828 underlying)
Holdings
  • Common Stock

    27,919
  • Common Stock

    (indirect: By IRA)
    5,300
  • Common Stock

    (indirect: By Spouse)
    2,800
  • Common Stock

    (indirect: By Spouse)
    1,100
  • Stock Option (Right to Buy)

    Exercise: $18.36From: 2004-12-31Exp: 2014-12-31Common Stock (2,000 underlying)
    2,000
  • Phantom Stock Units

    From: 2011-01-27Exp: 2011-01-27Common Stock (7,637 underlying)
    7,637
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