|4Jun 19, 2:55 PM ET

Hill Harry E 4

4 · Bank of the Carolinas CORP · Filed Jun 19, 2007

Insider Transaction Report

Form 4
Period: 2007-06-18
Hill Harry E
Executive Vice President
Transactions
  • Exercise/Conversion

    1999 Employee Stock Option (Right to Buy)

    2007-06-1813,8003,480 total
    Exercise: $6.37Exp: 2009-12-14Common Stock (13,800 underlying)
  • Exercise/Conversion

    Common Stock

    2007-06-18$6.37/sh+13,800$87,90640,322 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    4,463
  • Common Stock

    (indirect: By 401(k))
    1,961
Footnotes (2)
  • [F1]The information on this report is based on the plan statement as of December 31, 2006.
  • [F2]This option vests in five equal annual installments beginning December 14, 1999.

Documents

1 file
  • 4
    rrd163351.xmlPrimary

    JUNE 18, 2007 FORM 4