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Bank of the Carolinas CORP|4May 26, 2:23 PM ET

Burnette William A 4

4 · Bank of the Carolinas CORP · Filed May 26, 2010

Insider Transaction Report

Form 4

Period: 2010-05-24

Bank of the Carolinas CORPBCAR

Burnette William A

Director

Transactions

Purchase
Common Stock
2010-05-24$3.95/sh+100$395→ 102,086 total
Purchase
Common Stock
2010-05-24$3.99/sh+300$1,197→ 101,986 total

Holdings

Common Stock
(indirect: By Children)
1,000
Common Stock
(indirect: By Children)
1,000
Common Stock
(indirect: By Children)
1,000
Common Stock
(indirect: As custodian for James Hudson Daniel)
1,000
Director Stock Option Grant (Right to Buy)
Exercise: $5.25From: 2008-10-22Exp: 2018-10-22→ Common Stock (1,500 underlying)
1,500
Common Stock
(indirect: By Children)
1,000
Common Stock
(indirect: By Children)
1,000

Documents

1 file

4
rrd277148.xmlPrimary
MAY 24, 2010 FORM 4