KELLER OSCAR A III 4
4 · CAPITAL BANK CORP · Filed Mar 11, 2011
Insider Transaction Report
Form 4
KELLER OSCAR A III
Director
Transactions
- Purchase
Common Stock
2011-03-11$2.55/sh+6,324$16,126→ 20,422 total(indirect: By IRA) - Purchase
Common Stock
2011-03-11$2.55/sh+40,000$102,000→ 297,549 total - Purchase
Common Stock
2011-03-11$2.55/sh+5,815$14,828→ 18,783 total(indirect: By Spouse) - Purchase
Common Stock
2011-03-11$2.55/sh+16,792$42,820→ 60,042 total(indirect: By Affiliated Company)
Holdings
- 3,500
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (3,500 underlying) - 9,300
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (9,300 underlying) - 21,558
Phantom Stock Units
From: 2011-01-27Exp: 2011-01-27→ Common Stock (21,558 underlying) - 25,950(indirect: By Spouse)
Common Stock
- 4,800(indirect: By Children)
Common Stock
- 30,394
Phantom Stock Units
From: 2012-01-26Exp: 2012-01-26→ Common Stock (15,625 underlying) - 15,409
Phantom Stock Units
→ Common Stock (15,409 underlying) - 21,633
Common Stock
Footnotes (5)
- [F1]Owned jointly with spouse. The reporting person disclaims beneficial ownership of securities owned by spouse.
- [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.
- [F3]Securities held equally for four children and four grandchildren.
- [F4]Amos Properties, LLC - 25% owned by reporting person and 25% owned by reporting person's spouse.
- [F5]Subscription Rights Offering to Legacy Shareholders of record date January 27, 2011 - Mr. Keller acquired 40,000 shares; 6,324 shares were acquired by Mr. Keller's IRA; 5,815 shares were acquired by Mr. Keller's wife's IRA; and 16,792 shares were acquired by Amos Properties, LLC, of which Mr. Keller and his wife each own 25.0%. The Rights Offering Prospectus was mailed February 14, 2011, and the subscription rights expired 5:00 p.m. March 4, 2011.