CAPITAL BANK CORP 4
4 · CAPITAL BANK CORP · Filed Jul 19, 2005
Insider Transaction Report
Form 4
GILLIAM WILLIAM R
Director
Transactions
- Exercise/Conversion
Phantom Stock Units
2005-07-18−2,384→ 0 total→ Common Stock - Exercise/Conversion
Common Stock
2005-07-18+2,384→ 27,689 total
Holdings
- 2,000
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,000 underlying) - 17,160(indirect: By Spouse)
Common Stock
- 19,735(indirect: By Trust)
Common Stock
- 53,490
Stock Option (Right to Buy)
Exercise: $6.62From: 2003-06-27Exp: 2010-06-27→ Common Stock (4,843 underlying) - 11,786(indirect: By 401(k))
Common Stock
Footnotes (4)
- [F1]The reporting person disclaims beneficial ownership of securities owned by spouse.
- [F2]Updates 100% vested number of shares in the reporting person's Capital Bank Corporation 401(k) Retirement Plan as of July 5, 2005.
- [F3]1-for-1
- [F4]The stock units are payable in stock or cash, at the discretion of the issuer, upon the reporting person's termination of service as a director due to retirement, disability, or death, or upon a one-time irrevocable election to terminate participation in the Deferred Compensation Plan for Outside Directors or cancel all or a portion of such reporting person's prior deferrals pursuant to recent amendments to the plan as permitted by transition guidance provided under Section 409A of the Internal Revenue Code of 1986, as amended.