COHEN LEOPOLD I 4
4 · CAPITAL BANK CORP · Filed Jan 4, 2006
Insider Transaction Report
Form 4
COHEN LEOPOLD I
Director
Transactions
- Award
Phantom Stock Units
2005-12-31$15.35/sh+2,678$41,107→ 2,678 total→ Phantom Stock Units (2,678 underlying)
Holdings
- 4,590(indirect: By Company Qualified Retirement Plan)
Common Stock
- 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
- 34,812
Common Stock
- 5,000
Stock Option (Right to Buy)
Exercise: $10.65From: 2001-12-28Exp: 2011-12-28→ Common Stock (5,000 underlying) - 2,500
Stock Option (Right to Buy)
Exercise: $14.00From: 1998-08-10Exp: 2008-09-10→ Common Stock (2,500 underlying)
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.