Home > Insider Trading > Filing (0001140361-11-016010)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1071992	Capital Bank Corp	CBKN	State Commercial Banks (6022)	562101930

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1269855	F Charles Atkins	P. O. Box 819 Sanford NC 27330		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2011-03-11	27,921	$2.55	100,835	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	50,100	Indirect	By Affiliated Corporation
Common Stock	12,999	Indirect	By Affiliated Corporation
Common Stock	1,000	Indirect	By Affiliated Corporation

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (Right to Buy)	$10.65	2001-12-28	2011-12-28	5,000	5,000	Direct
Common Stock	Stock Option (Right to Buy)	$18.36	2004-12-31	2014-12-31	2,000	2,000	Direct
Common Stock	Phantom Stock Units	$0.00	2011-01-27	2011-01-27	9,184	9,184	Direct
Common Stock	Phantom Stock Units	$0.00	2012-01-26	2012-01-26	7,617	14,847	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2011-12-28	5,000	5,000	Direct
2014-12-31	2,000	2,000	Direct
2011-01-27	9,184	9,184	Direct
2012-01-26	7,617	14,847	Direct

Footnotes

AGA Corporation - 19.8% owned by reporting person.
AK&K Corporation - 25% owned by reporting person.
Taboys Corporation - 100% owned by reporting person.
"Phantom stock units" acquired by the reporting person from the Capital Bank Corporation Deferred Compensation Plan for Outside Directors (As Amended and Restated November 20, 2008). Each phantom stock unit is the economic equivalent of one share of Capital Bank Corporation common stock. The units are payable in stock upon the reporting person's termination of service as a director due to complete retirement, disability, death, or other separation from service, or upon a date certain specified by the participant.
Subscription Rights Offering to Legacy Shareholders of record date January 27, 2011 - Mr. Atkins acquired 27,921 shares. The Rights Offering Prospectus was mailed February 14, 2011, and the subscription rights expired 5:00 p.m. March 4, 2011.