SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

STEVENS WILLIAM G

(Last)

(First)

(Middle)

(Street)

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
COMMUNITY CAPITAL CORP /SC/ [ CPBK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President/CEO

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2009

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/15/2009		I		18,286	D	$5.9	13,047.7843	I	By 401k
Common Stock	09/04/2009		P		37,037	A	$2.7	52,490.8997	I	By 401k
Common Stock	09/21/2009		X		2,890	A	$2.75	55,380.8997	I	By 401k
Common Stock	09/21/2009		X		3,760	A	$2.75	6,106	I	IRA
Common Stock	09/21/2009		X		18,915	A	$2.75	30,715	I	Spouse
Common Stock	09/21/2009		A⁽¹⁾		28,585	A	$2.75	59,300	I	Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Subscription Rights (Right to Buy)	$2.75	09/21/2009		X			3,760	08/14/2009	09/21/2009	Common Stock	3,760	$0.0000	0.0000	I	IRA
Subscription Rights (Right to Buy)	$2.75	09/21/2009		X			18,915	08/14/2009	09/21/2009	Common Stock	18,915	$0.0000	0.0000	I	Spouse
Subscription Rights (Right to Buy)	$2.75	09/21/2009		X			2,890	08/14/2009	09/21/2009	Common Stock	2,890	$0.0000	0.0000	I	401k

Explanation of Responses:

1. Pursuant to a registered rights offering (the "Rights Offering"), all of the Company's shareholders were granted basic subscription rights to purchase shares of the Company's common stock at a per share price of $2.75 per share (the "Basic Subscription Right"). In addition to the exercise and acquisition of shares pursuant to the Basic Subscription Right reflected on Table I and II of this Form 4, the reporting person elected to purchase unsubscribed shares of the Company's common stock at the same subscription price of $2.75 per share, subject to proration and subject further to reduction by the Company in certain circumstances (the "Over-Subscription Privilege"). For purpose of securing an exemption under Rule 16b-3(d) under the Securities Exchange Act of 1934, as amended, the Board approved the acquisition by its directors and officers pursuant to such Over-Subscription Privilege.

	/s/ William G. Stevens	09/23/2009
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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