ATKINS CHARLES F 4
4 · CAPITAL BANK CORP · Filed Mar 11, 2011
Insider Transaction Report
Form 4
ATKINS CHARLES F
Director
Transactions
- Purchase
Common Stock
2011-03-11$2.55/sh+27,921$71,199→ 100,835 total
Holdings
- 50,100(indirect: By Affiliated Corporation)
Common Stock
- 14,847
Phantom Stock Units
From: 2012-01-26Exp: 2012-01-26→ Common Stock (7,617 underlying) - 9,184
Phantom Stock Units
From: 2011-01-27Exp: 2011-01-27→ Common Stock (9,184 underlying) - 12,999(indirect: By Affiliated Corporation)
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) - 1,000(indirect: By Affiliated Corporation)
Common Stock
Footnotes (5)
- [F1]AGA Corporation - 19.8% owned by reporting person.
- [F2]AK&K Corporation - 25% owned by reporting person.
- [F3]Taboys Corporation - 100% owned by reporting person.
- [F4]"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.
- [F5]Subscription Rights Offering to Legacy Shareholders of record date January 27, 2011 - Mr. Atkins acquired 27,921 shares. The Rights Offering Prospectus was mailed February 14, 2011, and the subscription rights expired 5:00 p.m. March 4, 2011.