CAPITAL BANK CORP 4
4 · CAPITAL BANK CORP · Filed Jan 2, 2008
Insider Transaction Report
Form 4
COHEN LEOPOLD I
Director
Transactions
- Award
Phantom Stock Units
2007-12-31$10.55/sh+3,438$36,271→ 8,337 total→ Common Stock (3,438 underlying)
Holdings
- 2,750
Stock Option (Right to Buy)
Exercise: $18.36From: 2004-12-31Exp: 2014-12-31→ Common Stock (2,750 underlying) - 200(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) - 5,000
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2010-12-28→ Common Stock (5,000 underlying) - 34,812
Common Stock
- 4,590(indirect: By Company Qualified Retirement Plan)
Common Stock
Footnotes (1)
- [F1]"Phantom stock units" acquired by the reporting person from the Capital Bank Corporation Deferred Compensation Plan for Outside Directors (As Amended and Restated Effective January 1, 2005). Each phantom stock unit is the economic equivalent of one share of Capital Bank Corporation common stock. The units are payable in stock or cash, at the discretion of Capital Bank Corporation, upon the reporting person's termination of service as a director due to retirement, disability, or death, or upon a date certain specified by the participant.