X0202 4 2007-02-15 0 0001071992 CAPITAL BANK CORP CBKN 0001208819 KELLER OSCAR A III P. O. BOX 130 SANFORD NC 27331 1 0 0 0 Common Stock 2007-02-15 4 P 0 100 18. A 12578 D Common Stock 19136 D Common Stock 13098 I By IRA Common Stock 11968 I By Spouse's IRA Common Stock 4256 I As Custodian for Children and Grandchildren Stock Option (Right to Buy) 14 1998-08-10 2008-08-10 Common Stock 5000 5000 D Stock Option (Right to Buy) 8 2000-01-03 2010-01-03 Common Stock 5000 5000 D Stock Option (Right to Buy) 10.65 2001-12-28 2011-12-28 Common Stock 9300 9300 D Stock Option (Right to Buy) 18.36 2004-12-31 2014-12-31 Common Stock 3500 3500 D Phantom Stock Units Common Stock 15409 15409 D Phantom Stock Units 17.33 2008-01-01 2008-01-01 Common Stock 5667 5667 D Between 1/3/2007 and the date of this report, the reporting person acquired 25 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan. Between 1/3/2007 and the date of this report, the reporting person acquired 66 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan. Owned jointly with spouse. The reporting person disclaims beneficial ownership of securities owned by spouse. Between 1/3/2007 and the date of this report, the reporting person acquired 16 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan. Securities held equally for four children and four grandchildren. "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. Ryan T. Hutchins, by power of attorney 2007-02-16