WORNOM SAMUEL J III 4

4 · CAPITAL BANK CORP · Filed Oct 29, 2010

Form 4

Period: 2010-10-28

Director

Transactions

Award
Phantom Stock Units
2010-10-28$1.60/sh+7,031$11,250→ 13,082 total
From: 2012-01-26Exp: 2012-01-26→ Common Stock (7,031 underlying)

Holdings

Common Stock
78,377
Common Stock
(indirect: By Partnership)
29,553
Common Stock
(indirect: By Affiliated Company)
34,600
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (7,000 underlying)
7,000
Phantom Stock Units
→ Common Stock (8,870 underlying)
8,870
Phantom Stock Units
From: 2011-01-27Exp: 2011-01-27→ Common Stock (8,447 underlying)
8,447
Common Stock
(indirect: By Trust)
1,194
Common Stock
(indirect: By Trust)
1,194
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,750 underlying)
2,750

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]Cross Creek Associates - 26% owned by reporting person

Documents

1 file