Home > Insider Trading > Filing (0001140361-11-016009)

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
1208819	Iii A Oscar Keller	P. O. Box 130 Sanford NC 27331		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	40,000	$2.55	297,549	No	4	P	Direct
Common Stock	Acquisiton	2011-03-11	6,324	$2.55	20,422	No	4	P	Indirect	By IRA
Common Stock	Acquisiton	2011-03-11	5,815	$2.55	18,783	No	4	P	Indirect	By Spouse's IRA
Common Stock	Acquisiton	2011-03-11	16,792	$2.55	60,042	No	4	P	Indirect	By Affiliated Company

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	By IRA
No	4	P	Indirect	By Spouse's IRA
No	4	P	Indirect	By Affiliated Company

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	21,633	Direct
Common Stock	25,950	Indirect	By Spouse
Common Stock	4,800	Indirect	As Custodian for Children and Grandchildren

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	9,300	9,300	Direct
Common Stock	Stock Option (Right to Buy)	$18.36	2004-12-31	2014-12-31	3,500	3,500	Direct
Common Stock	Phantom Stock Units	$0.00			15,409	15,409	Direct
Common Stock	Phantom Stock Units	$0.00	2011-01-27	2011-01-27	21,558	21,558	Direct
Common Stock	Phantom Stock Units	$0.00	2012-01-26	2012-01-26	15,625	30,394	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2011-12-28	9,300	9,300	Direct
2014-12-31	3,500	3,500	Direct
	15,409	15,409	Direct
2011-01-27	21,558	21,558	Direct
2012-01-26	15,625	30,394	Direct

Footnotes

Owned jointly with spouse. The reporting person disclaims beneficial ownership of securities owned by spouse.
"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.
Securities held equally for four children and four grandchildren.
Amos Properties, LLC - 25% owned by reporting person and 25% owned by reporting person's spouse.
Subscription Rights Offering to Legacy Shareholders of record date January 27, 2011 - Mr. Keller acquired 40,000 shares; 6,324 shares were acquired by Mr. Keller's IRA; 5,815 shares were acquired by Mr. Keller's wife's IRA; and 16,792 shares were acquired by Amos Properties, LLC, of which Mr. Keller and his wife each own 25.0%. The Rights Offering Prospectus was mailed February 14, 2011, and the subscription rights expired 5:00 p.m. March 4, 2011.