|4Dec 23, 4:43 PM ET

DRYE JOHN A 4

4 · Bank of the Carolinas CORP · Filed Dec 23, 2009

Insider Transaction Report

Form 4
Period: 2009-12-21
DRYE JOHN A
Director
Transactions
  • Sale

    Common Stock

    2009-12-21$6.50/sh5,000$32,50020,546 total
Holdings
  • Director Stock Options (Right to Buy)

    Exercise: $4.05From: 2001-12-31Exp: 2010-02-05Common Stock (2,745 underlying)
    2,745
  • Common Stock

    (indirect: Central Carolina Insurance)
    1,200
  • Common Stock

    (indirect: By Children)
    727.886
  • Director Stock Options (Right to Buy)

    Exercise: $5.00From: 2001-12-31Exp: 2009-11-12Common Stock (12,585 underlying)
    12,585
  • Director Stock Option (Right to Buy)

    Exercise: $5.25From: 2008-10-22Exp: 2018-10-22Common Stock (1,500 underlying)
    1,500
Footnotes (1)
  • [F1]Includes 27.8866 shares acquired pursuant to a dividend reinvestment feature of the Bank of the Carolinas Corporation Dividend Reinvestment and Stock Purchase Plan.

Documents

1 file
  • 4
    rrd260731.xmlPrimary

    DECEMBER 21, 2009 FORM 4