PERKINS GEORGE R III 4
4 · CAPITAL BANK CORP · Filed Oct 29, 2010
Insider Transaction Report
Form 4
PERKINS GEORGE R III
Director
Transactions
- Award
Phantom Stock Units
2010-10-28$1.60/sh+6,054$9,686→ 11,313 totalFrom: 2012-01-26Exp: 2012-01-26→ Common Stock (6,054 underlying)
Holdings
- 138,352
Common Stock
- 287,115(indirect: By Proxy for Father)
Common Stock
- 5,000
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (5,000 underlying) - 2,000
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,000 underlying) - 7,342
Phantom Stock Units
From: 2011-01-27Exp: 2011-01-27→ Common Stock (7,342 underlying)
Footnotes (2)
- [F1]Reporting person has a revocable proxy agreement dated 2/17/2000 to vote 100% of shares owned by his father, George R. Perkins, Jr.
- [F2]"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.