THOMAS J REX 4
4 · CAPITAL BANK CORP · Filed Jul 20, 2005
Insider Transaction Report
Form 4
THOMAS J REX
Director
Transactions
- Exercise/Conversion
Phantom Stock Units
2005-07-19−8,377→ 0 total→ Phantom Stock Units (8,377 underlying) - Exercise/Conversion
Common Stock
2005-07-19+8,377→ 11,429 total
Holdings
- 5,000
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (5,000 underlying) - 1,018(indirect: By Spouse)
Common Stock
- 14,300(indirect: By Spouse)
Common Stock
- 2,500
Stock Option (Right to Buy)
Exercise: $14.00From: 1998-08-10Exp: 2008-08-10→ Common Stock (2,500 underlying) - 2,750
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,750 underlying)
Footnotes (3)
- [F1]Updates amount of securities beneficially owned to include shares of common stock acquired on January 18 and April 18, 2005 under the Capital Bank Corporation dividend reinvestment plan.
- [F2]1-for-1
- [F3]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.